DTN Closing Livestock Comment 01/21 16:09
Livestock Contracts Bat for Higher Prices
Heading into Friday, the livestock complex is hopeful to keep these strong
gains.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
Thursday ended up being a great day for the livestock market as support was
ample and contracts were able to close fully higher. Hog prices closed lower on
the National Direct Afternoon Hog Report, down $0.18 with a weighted average of
$54.90 on 7,164 head. March corn is up 2 1/4 cents per bushel and March soybean
meal is down $4.20. The Dow Jones Industrial Average is down 12.37 points and
NASDAQ is up 73.67 points.
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