DTN Closing Livestock Comment 09/06 15:56
6 Sep 2022
DTN Closing Livestock Comment 09/06 15:56 Stronger Tones Dominate Tuesday's Livestock Complex It was a strong day for the livestock complex as all the markets closed higher and ran into Tuesday's marketplace with aggression. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The long weekend was apparently just what the livestock complex needed as the market closed fully higher by Tuesday's end. The cash cattle market didn't see any trade develop but come Wednesday demand is expected to be greater and prices could be higher as well. Hog prices closed $0.62 higher on the Daily Direct Afternoon Hog Report, with a weighted average of $98.30 on 11,010 head. December corn is up 10 1/4 cents per bushel and December soybean meal is down $10.90. The Dow Jones Industrial Average is down 173.14 points.