DTN Closing Livestock Comment 12/23 16:00
23 Dec 2022
DTN Closing Livestock Comment 12/23 16:00 Cattle Press Higher Into Christmas Weekend The lean hog complex closed mildly lower ahead of the week's end, but the cattle complex remained confident and rallied through Friday's end. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS It was a tremendous week for the livestock complex, and for the most part, the market ended on a positive note by Friday's close. Hog prices are unavailable on the Daily Direct Afternoon Hog Report because of confidentiality issues. However, we can see that 440 head have traded and that the five-day rolling average sits at $79.66. March corn is up 5 3/4 cents per bushel, and March soybean meal is up $3. The Dow Jones Industrial Average is up 176.44 points.