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DTN Closing Livestock Comment 02/20 15:46

20 Feb 2024
DTN Closing Livestock Comment 02/20 15:46 Strong Tones Lead Livestock Higher Tuesday It was a fruitful day for the livestock complex as traders led the markets higher through Tuesday's end. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a positive day for the livestock complex as all three markets closed mostly higher. No cash cattle trade developed and trade is likely delayed until Thursday or Friday. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $0.82 with a weighted average price of $70.25 on 1,953 head. March corn is up 2 1/4 cents per bushel and March soybean meal is up $2.00. The Dow Jones Industrial Average is down 64.19 points.