DTN Closing Livestock Comment 11/14 15:55
14 Nov 2022
DTN Closing Livestock Comment 11/14 15:55 Live Cattle Trade Lower While Feeders and Hogs Skate Higher Monday Heading into Tuesday, feeders will be closely watching grain prices, and all will be watching both pork cutout values and boxed beef prices. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS It was a mixed day for the livestock complex as both the lean hog and feeder cattle markets traded higher, but the live cattle market wasn't as supported. Hog prices are lower on the Daily Direct Afternoon Hog Report, down $1.26 with a weighted average of $84.08 on 2,834 head. December corn is down 3/4 cent per bushel and December soybean meal is down $1.40. The Dow Jones Industrial Average is down 211.16 points.