DTN Closing Livestock Comment 12/15 15:56
15 Dec 2021
DTN Closing Livestock Comment 12/15 15:56 Livestock Markets Already Seeing the Holiday Slug It was another ho-hum day for the livestock complex, as all of the contracts closed lower and little support is being found anywhere. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It's not likely that the morale surrounding the livestock complex is going to get better before the new year, as the market has to work its way through the holidays. Heading into Thursday's trade, the market will be paying close attention to how the day's export report fairs, as well as the afternoon's carcass data. Hog prices closed higher on the National Direct Afternoon Lean Hog Report, up $0.57 with a weighted average of $61.07 on 6,810 head. March corn is down 4 1/2 cents per bushel and January soybean meal is down $4.70. The Dow Jones Industrial Average is up 269.94 points and NASDAQ is up 254.50 points.