DTN Closing Livestock Comment 03/14 15:39
14 Mar 2023
DTN Closing Livestock Comment 03/14 15:39 Lower Tones Follow Livestock Complex Through Closing Heading into Wednesday's market, traders are hoping to find more fundamental support in the livestock sector. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS The livestock complex didn't close with much excitement as all three of the markets ended the day lower. Given the economic turmoil that's stole the market's attention early this week, traders are being extremely cautious. Hog prices closed higher on the Daily Direct Afternoon hog report, up $2.71 with a weighted average of $78.11 on 12,303 hogs. May corn closed steady and May soybean meal closed $1.90 higher at $481.2. The Dow Jones Industrial Average is up 336.26 at 32,155.40.