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DTN Closing Livestock Comment 01/30 16:15

30 Jan 2020
DTN Closing Livestock Comment 01/30 16:15 Let's Chat About Supply Cattle contracts found some mild support while the lean hog market crumbled. By ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cattle contracts were able to push through the day and capture moderate wins having the board close in the green as opposed to lower prices again. Hog prices are lower on the National Direct Afternoon Hog Report, down $1.05 with a weighted average of $54.26. March corn is down 4 3/4 cents per bushel and March soybean meal is down $4.60. The Dow Jones Industrial Average is up 124.99 points and NASDAQ is up 23.77 points.