DTN Closing Livestock Comment 03/03 15:36
3 Mar 2023
DTN Closing Livestock Comment 03/03 15:36 All Three Livestock Market's Close Friday Higher The livestock contracts wrapped up the week on a strong note, and hopefully the contracts can see enough fundamental support nearly next week to keep the momentum going. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS Throughout Friday, the livestock contracts rallied and all three markets were able to keep that momentum through closing. It helped the cattle complex that cash cattle trade finally started to develop shortly after the noon hour. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $0.66 with a weighted average of $78.04 on 6,154 head. May corn is up 6 cents per bushel and May soybean meal is up $9.00. The Dow Jones Industrial Average is up 387.40 points.