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DTN Closing Livestock Comment 08/05 16:06

5 Aug 2022
DTN Closing Livestock Comment 08/05 16:06 Higher Closes Round the Week Out for Livestock Complex Heading into Monday's market, cattlemen will be eyeing showlists, trying to gauge what demand will be. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Friday's market led the livestock contracts to a higher close as the market received ample fundamental support, especially in the cash cattle market. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $2.76 with a weighted average of $124.43 on 6,019 head. December corn is up 3 3/4 cents per bushel and December soybean meal is down $15.60. The Dow Jones Industrial Average is up 76.65 points.