DTN Closing Livestock Comment 10/03 16:16
3 Oct 2022
DTN Closing Livestock Comment 10/03 16:16 Livestock See Support Through Closing Monday It was a stimulating day for the livestock complex as the contracts closed higher, which was needed for the market's overall morale. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a refreshing day for the livestock complex as the market kept its steam through closing and saw higher closes for pork and beef too. Heading into Tuesday's market, feeders will be closely watching the corn complex and feedlots will be looking for packer interest to potentially develop. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $2.41 with a weighted average of $82.67 on 3,150 head. December corn is up 3 1/4 cents per bushel and December soybean meal is up $2.30. The Dow Jones Industrial Average is up 765.38 points.