DTN Closing Livestock Comment 03/10 15:37
10 Mar 2023
DTN Closing Livestock Comment 03/10 15:37 Cattle Round Out the Week Lower While Hogs Rallied Heading into Monday's market, cattle enthusiasts will be carefully watching for the midmorning report to see how cattle were committed, and hog fans will be hoping Friday's momentum will carry into the new week. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS Friday's market didn't support the cattle complex much, but the lean hog contracts were able to rally through the day's end. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $0.41 with a weighted average of $78.17 on 6,545 head. May corn is up 5 3/4 cents per bushel and May soybean meal is down $1.00. The Dow Jones Industrial Average is down 435.02 points.