DTN Closing Livestock Comment 08/09 16:15
9 Aug 2022
DTN Closing Livestock Comment 08/09 16:15 Corn Robs the Show and Sends the Livestock Contracts Heading into Wednesday's market, the focus will again be on the corn complex and cash cattle market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Heading into Wednesday's market, all eyes will again be on the corn market as it will have a heavy influence on the livestock contract's direction, and cattlemen will be closely watching for any developments in the cash market. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $8.29 with a weighted average of $131.13 on 21,225 head. December corn is up 6 3/4 cents per bushel and December soybean meal is up $11.10. The Dow Jones Industrial Average is down 58.13 points.