DTN Closing Livestock Comment 12/08 16:19
8 Dec 2022
DTN Closing Livestock Comment 12/08 16:19 Waiting on Cash Cattle to Trade Come Friday, the market will be extremely anxious to see how this week's cash cattle market pans out. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS It was another mixed day for the livestock complex as both the live cattle and feeder cattle contracts found technical support while the lean hog complex traded lower throughout Thursday. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $3.57 with a weighted average of $81.11 on 4,149 head and a five-day rolling average of $83.40. March corn is up 1 1/4 cents per bushel and January soybean meal is up $7.40. The Dow Jones Industrial Average is up 183.56 points.