DTN Closing Livestock Comment 06/24 16:16
24 Jun 2022
DTN Closing Livestock Comment 06/24 16:16 Livestock Complex Looks to Monday for Direct Heading into next week's trade, the livestock complex hopes to gain a better understanding of its short-term trajectory. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock contracts rounded out the day mixed as the feeder cattle contracts closed lower with corn prices trading higher, the live cattle market closed on both sides of steady, and the hog market closed anywhere from $1.00 to $3.00 higher. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $0.59 with a weighted average of $120.23 on 8,140 head. July corn is up 3 1/2 cents per bushel and July soybean meal is up $5.90. The Dow Jones Industrial Average is up 823.32 points.