DTN Closing Livestock Comment 09/27 15:37
27 Sep 2023
DTN Closing Livestock Comment 09/27 15:37 Hogs Find Mild Support While Cattle Keep Grinding Lower Heading into Thursday's market, the biggest ticket item to watch for in Thursday's trade will be the Quarterly Hogs and Pigs Report. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mixed day for the livestock complex as the lean hog contracts found mild support ahead of Wednesday's close, but the cattle contracts couldn't attract any attention from traders. A little cash cattle trade developed, but more will need to develop later this week. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $0.37 with a weighted average price of $76.62 on 5,581 head. December corn is up 3 1/2 cents per bushel and December soybean meal is down $3.60. The Dow Jones Industrial Average is down 68.08 points.