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DTN Closing Livestock Comment 06/22 16:03

22 Jun 2022
DTN Closing Livestock Comment 06/22 16:03 Wednesday Brings Some Challenges for Livestock Markets to Sort Through It wasn't an easy day for the market to sort through, but heading into Thursday's market, feedlots are hoping to see better interest in the cash market, especially in the North. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a tough day for the livestock complex, and an especially rough day for the live cattle market. Heading into Thursday's market, more cash cattle trade is expected to develop, and especially in the North. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $3.46 with a weighted average of $122.45 on 15,829 head. July corn is up 7 1/4 cents per bushel and July soybean meal is up $1.10. The Dow Jones Industrial Average is down 47.12 points.