DTN Closing Livestock Comment 10/04 16:07
4 Oct 2022
DTN Closing Livestock Comment 10/04 16:07 Hogs Break Beneath Support It was a retracting day for the livestock complex, with the cattle contracts stepping back modestly while the lean hog complex plundered lower. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex endured a bit of a setback through Tuesday's market as the contracts seemed to distance themselves from the rest of the outside markets, which performed exceptionally well. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $10.17 with a weighted average of $92.77 on 20,744 head. December corn is up 2 1/4 cents per bushel and December soybean meal is down $3.80. The Dow Jones Industrial Average is up 825.43 points.