DTN Closing Livestock Comment 12/20 15:39
20 Dec 2022
DTN Closing Livestock Comment 12/20 15:39 Mixed Tones in Leave the Livestock Arena Tuesday Come Wednesday, the market expects to see better interest in cash cattle, although trade could wait to fully develop until Thursday. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS The livestock complex saw mixed interest throughout Tuesday's market as it fully supported the feeder cattle contracts but left both the live cattle and lean hog markets trading lower. Don't forget that this upcoming Friday, the latest Cattle on Feed and Hogs and Pigs reports will be released. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $0.04 with a weighted average of $79.92 on 4,786 head. March corn is up 4 3/4 cents per bushel and March soybean meal is up $3.20. The Dow Jones Industrial Average is up 92.20 points.