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DTN Closing Livestock Comment 11/28 16:01

28 Nov 2022
DTN Closing Livestock Comment 11/28 16:01 Traders Let Livestock Complex Drift Lower Monday It was a dull day throughout the livestock complex as traders let the contracts drift lower Monday. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS It was a doggish Monday for the livestock complex as the contracts closed lower and traders paid the market little to not attention. The big question on everyone's mind this week is: Will the live cattle contracts jump on board and trade alongside the rallying cash cattle market? Time will only tell. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $0.27 at $83.22 on 8,409 head. December corn is up 3/4 cent per bushel and January soybean meal is up $5.40. The Dow Jones Industrial Average is down 497.57 points.