DTN Closing Livestock Comment 09/08 16:10
8 Sep 2020
DTN Closing Livestock Comment 09/08 16:10 Livestock Contracts Scale Higher Tuesday Turning to Wednesday, the livestock complex is eager to trade higher following the market's modest setback before Labor Day. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Starting off the week with optimism and ambition, the livestock complex closed fully higher through all three sectors. Seeming to want to get to business following the three-day weekend, traders were willing to move the market higher and did so effortlessly throughout Tuesday's trade. Prices closed lower on the National Direct Afternoon Hog Report, down $0.37 with a weighted average of $45.56 on 3,657 head. December corn is up 3 3/4 cents per bushel and December soybean meal is down $2.60. The Dow Jones Industrial Average is down 632.42 points and NASDAQ is down 465.45 points.