DTN Closing Livestock Comment 09/27 15:44
27 Sep 2018
DTN Closing Livestock Comment 09/27 15:44 Hogs and Pigs Report near Expectations Livestock futures closed in the negative with lean hogs closing substantially lower. By Robin Schmahl DTN Dairy Analyst GENERAL COMMENTS: Livestock futures closed in the negative with lean hogs closing substantially lower. Hog futures fell $0.90 to $1.75 with December taking the brunt of the selling. Feeder cattle futures lost $0.45 to $0.60 while live cattle closed $0.20 to $0.32 lower. A few more bids showed up, but bids and offers remain apart. Bids remained at $109 to $110 with dressed at $174. Some light trade in parts of the North, mostly Nebraska at $174, generally $1.00 lower than last week on a weighted average basis. December corn futures closed 1.75 cents higher. The Dow Jones closed 55 point higher at 26,440, while the HASDAQ gained 52 points, closing at 8.042.