DTN Closing Livestock Comment 11/22 16:13
22 Nov 2021
DTN Closing Livestock Comment 11/22 16:13 Livestock Contracts Excel Through Monday's Trade Heading into Tuesday's trade, the cash cattle market is eyeing higher prices again this week. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock contracts traded aggressively throughout Monday's trade as traders were willing to support the contracts and did so with ease. Heading into Tuesday's trade, the market will be watching for any packer interest that develops throughout the cash market as feedlots plan to get higher prices again this week. Hog prices closed lower on the National Direct Afternoon Hog Report, down $0.04 with a weighted average of $54.91 on 8,882 head. December corn is up 6 cents per bushel, and December soybean meal is down $1.80. The Dow Jones Industrial Average is up 17.27 points, and the NASDAQ is down 202.68 points.