DTN Closing Livestock Comment 07/16 16:14
16 Jul 2020
DTN Closing Livestock Comment 07/16 16:14 Rocking and Rolling, Livestock Contracts Jump Thursday's steam rolled into the closing hour, pushing prices higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Thursday was a day of moving and shaking for the livestock complex as prices moved higher. Heading into Friday, producers hope and pray that the movement can continue as folks are gut full of bearish news. Hog prices closed lower on the National Direct Afternoon Hog Report, down $0.10 with a weighted average of $31.36 on 4,432 head. December corn is up 3 1/2 cents per bushel and December soybean meal is up $1.40. The Dow Jones Industrial Average is down 135.39 points and NASDAQ is down 76.66 points.