DTN Closing Livestock Comment 02/13 16:00
13 Feb 2023
DTN Closing Livestock Comment 02/13 16:00 The Livestock Complex Closes All Higher Monday set the stage for a strong livestock complex as all three of the markets were able to close higher with ample technical support thanks to strong fundamental demand. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Monday was a tremendous day for the livestock complex as all three of the markets closed higher. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $1.65 with a weighted average of $75.40 on 5,067 head. March corn is up 4 1/2 cents per bushel and March soybean meal is up $4.60. The Dow Jones Industrial Average is up 348.15 points.