DTN Closing Livestock Comment 11/22 16:01
22 Nov 2019
DTN Closing Livestock Comment 11/22 16:01 Livestock Futures Close Mostly Lower Friday Friday livestock contracts struggled to perform, especially in the cattle contracts. By ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a big day of USDA reports with the monthly Cattle on Feed (COF) and Cold Storage reports coming out. Cattle contracts had a rough day, especially on the feeder cattle side of things. Hog prices are $0.66 lower on the National Direct Afternoon Hog Report, with a weighted average of $41.91. December corn is up 1/4 cent per bushel and December soybean meal is down $2.00. The Dow Jones Industrial Average is up 102.74 points and NASDAQ is up 12.76 points.