DTN Closing Livestock Comment 06/09 15:31
9 Jun 2023
DTN Closing Livestock Comment 06/09 15:31 Hogs Press Onward Through Friday's End Heading into next week's market, cattlemen are anxious to see how packers regard the cash cattle complex after having to pay higher prices yet again this past week. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The lean hog complex ran higher through Friday's end, but both the live cattle and feeder cattle contracts closed mixed as their markets weren't as widely supported. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $8.60 with a weighted average price of $85.52 on 1,208 head. July corn is down 6 cents per bushel and July soybean meal is down $6.80. The Dow Jones Industrial Average is up 43.63 points.