DTN Closing Livestock Comment 05/10 15:31
10 May 2023
DTN Closing Livestock Comment 05/10 15:31 Quiet, Sluggish Wednesday for Livestock Complex It was a doggish day for the livestock complex as the contracts traded lower and neglected to come into the support they desperately needed. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a quiet and sluggish day throughout the livestock complex as the futures contracts closed mostly lower and as only a sparse handful of cattle were traded in the South. More trade will need to develop on Thursday, especially in the North. Hog prices closed higher on the Daily Direct Afternoon hog report, up $3.53 with a weighted average of $77.12 on 17,372 hogs. July corn closed up 9 1/4 at $5.94 and July soybean meal closed up $0.50 at $419.5. The Dow Jones Industrial Average is down 30.48 at 33,531.33.