DTN Closing Livestock Comment 12/16 15:35
16 Dec 2022
DTN Closing Livestock Comment 12/16 15:35 Stronger Tones Dominated the Livestock Complex ahead of the Weekend Heading into Monday's market, the livestock complex is hoping to see the week's strong tone trickle into the next week's market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS Regardless of where you looked throughout the livestock complex, higher prices were reported ahead of Friday's close. But the lean hog market took the cake Friday afternoon as its spot February contract jumped $4.12 higher ahead of closing. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $0.77 with a weighted average of $80.67 on 6,312 head. March corn is down 1/2 cent per bushel and January soybean meal is up $7.70. The Dow Jones Industrial Average is down 281.76 points.