DTN Closing Livestock Comment 12/15 15:50
15 Dec 2022
DTN Closing Livestock Comment 12/15 15:50 Better Fundamental Support Shows Up for Cattle and Hogs The cash cattle market could see a little more trade ahead of the week's end as Thursday's movement was thin. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS The livestock complex didn't see higher prices ahead of Thursday's end, but the market did see strong cash cattle trade, and the lean hog market saw better fundamental support too by the day's close. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $0.81 with a weighted average of $81.44 on 6,205 head. March corn is up 3 cents per bushel and January soybean meal is down $4.80. The Dow Jones Industrial Average is down 764.13 points.