DTN Closing Livestock Comment 12/20 16:27
20 Dec 2024
DTN Closing Livestock Comment 12/20 16:27 Traders Keep the Livestock Contracts Higher Through Friday's End Even though next week is a holiday-shortened week for Christmas, don't forget that on Monday the Quarterly Hogs and Pigs report will be released and we still should see ample packer interest in the cash market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a successful day for the livestock contracts as all three of the markets closed higher by Friday's ending bell. And to help matters even more, it was reassuring for cattlemen to find the afternoon's Cattle on Feed report neutral to somewhat bullish. March corn is up 5 1/2 cents per bushel and March soybean meal is up $11.20. The Dow Jones Industrial Average is up 498.02 points.