DTN Closing Livestock Comment 10/06 15:39
6 Oct 2023
DTN Closing Livestock Comment 10/06 15:39 Traders Push Livestock Contracts Higher Friday Heading into next week's market, traders are going to actively looking for fundamental assurance and hopeful that no more technical pressure arises. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex was pressured throughout the week, but Friday granted the market an opportunity to close higher. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $3.63 with a weighted average price of $73.92 on 8,370 head. December corn is down 5 1/2 cents per bushel and December soybean meal is down $5.10. The Dow Jones Industrial Average is up 288.01 points.