DTN Closing Livestock Comment 12/07 16:11
7 Dec 2022
DTN Closing Livestock Comment 12/07 16:11 Traders Carefully Picked Which Livestock Markets to Support Heading into Thursday's market, the biggest matters of concern will be the day's export report along with any developments in the cash cattle market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS The livestock complex closed in a mixed manner as both the live cattle and lean hog contracts saw some interest ahead of Wednesday's end, but with the corn market posting a mild rally, the feeder cattle complex closed lower. Hog prices closed $2.56 higher on the Daily Direct Afternoon Hog Report, pushing the weighted average to $84.68 on 26,794 head. March corn is up 4 cents per bushel and January soybean meal is up $10.40. The Dow Jones Industrial Average is up 1.58 points.