DTN Closing Livestock Comment 07/10 15:35
10 Jul 2024
DTN Closing Livestock Comment 07/10 15:35 Technical Pressure Continues to Dominate the Livestock Complex Heading into Thursday's market be prepared for the morning's export report. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was another day of lower closes for the livestock complex as traders are keeping with their timid approach to the markets as both pork and beef demand following the Fourth of July holiday is less stable. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $3.41 with a weighted average price of $87.31 on 8,701 head. December corn is down 1 1/4 cents per bushel and December soybean meal is down $2.30. The Dow Jones Industrial Average is up 429.13 points.