DTN Closing Livestock Comment 07/11 15:42
11 Jul 2023
DTN Closing Livestock Comment 07/11 15:42 Livestock Contracts Capture Another Day of Higher Closes The market's focus on Wednesday will be on the midmorning WASDE report. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a powerful day for the livestock complex as all three of the livestock markets were able to close higher. Come Wednesday, the market's focus will be on the WASDE report and what it expects for the rest of the year. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $2.50 with a weighted average price of $100.39 on 12,721 head. December corn is up 2 cents per bushel and December soybean meal is up $10.20. The Dow Jones Industrial Average is up 317.02 points.