DTN Closing Livestock Comment 01/06 15:35
6 Jan 2023
DTN Closing Livestock Comment 01/06 15:35 Lower Tones Keep With the Livestock Contracts Through Closing The livestock complex didn't accomplish much through Friday's trade, but come Monday, the market will likely gain traders' interest again. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS Traders weren't interested in sticking around and trading the livestock contracts through Friday's end, which ultimately led all three of the livestock contracts to a lower close. The cash cattle market saw a little more trade in the North, but mostly the market only saw some sparse clean up trade develop as all prices were steady with Thursday's business. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $0.08 with a weighted average of $74.47 on 5,844 head. March corn is up 1 1/4 cents per bushel and March soybean meal is up $12.70. The Dow Jones Industrial Average is up 700.53 points.