DTN Closing Livestock Comment 12/20 16:11
20 Dec 2021
DTN Closing Livestock Comment 12/20 16:11 Livestock Contracts Subject to Holiday Daze It was a slow day for the livestock complex, as the contracts opened to a marketplace that's more excited about Christmas than it is about actually trading. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a lower-trading day for all the livestock contracts, as the marketplace didn't see much interest from traders and the cash markets were unsupported. Even though it's a holiday-shortened week, there will be a USDA Cattle on Feed and Quarterly Hogs and Pigs report released on Thursday. Hog prices closed $1.05 lower on the National Direct Afternoon Hog Report, which moved the weighted average to $58.36 on 4,111 head. March corn is down 2 1/4 cents per bushel, and January soybean meal is up $6.70. The Dow Jones Industrial Average is down 433.28 points, and the NASDAQ is down 188.74 points.