DTN Closing Livestock Comment 07/03 15:36
3 Jul 2023
DTN Closing Livestock Comment 07/03 15:36 Hogs Press Onward and Higher Through Monday's End Wednesday's market will be busy for the livestock complex as packers are expected to begin to procure cattle right away. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex traded with mixed interest from traders ahead of Wednesday's Fourth of July holiday. The lean hog complex was by far the most aggressive market while the live cattle market remained hesitant about trading higher before seeing what the week's cash cattle market amounts to. Meanwhile feeders closed slightly higher thanks to the mostly lower close in the corn complex. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $5.70 with a weighted average price of $96.66 on 4,915 head. December corn is down 1 1/4 cents per bushel and December soybean meal is down $1.30. The Dow Jones Industrial Average is up 10.87 points.