DTN Closing Livestock Comment 11/10 16:09
10 Nov 2022
DTN Closing Livestock Comment 11/10 16:09 Cattle Set Out to Rebound in Thursday's Market Heading into the last trading day of the week, cattle are hoping to keep their momentum while the lean hog complex hopes that traders are somewhat more supportive of its market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS The cattle contracts rallied throughout Thursday's complex while the lean hog complex closed lower as it wasn't able to shake the day's lousy export report. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $2.47 with a weighted average of $85.23 on 4,413 head. December corn is down 11 1/4 cents per bushel and December soybean meal is down $13.50. The Dow Jones Industrial Average is up 1,201.43 points.