DTN Closing Livestock Comment 06/26 15:45
26 Jun 2023
DTN Closing Livestock Comment 06/26 15:45 Hogs Rally Through Monday's End; Cattle Remain Cautious It was a mixed day for the livestock complex as cattle rounded out the day mixed but the hog complex closed fully higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cattle contracts closed mixed as traders continue to monitor the corn complex closely, but the lean hog complex was able to round out the day fully higher. Hog enthusiasts are especially anxious to see what Thursday's Quarterly Hogs and Pigs report unveils as it could provide some insight into pork supplies. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $0.07 with a weighted average price of $92.97 on 1,616 head. December corn is up 1/4 cent per bushel and December soybean meal is up $0.60. The Dow Jones Industrial Average is down 12.72 points.