Friday’s market closed higher thanks to the momentum and eagerness of a trade deal being put in place.
Though no plausible sources can confirm what deals are exactly being made, rumors continue to run rapid that conversations with China are going especially well. Hog prices are up $0.69 on the National Direct Afternoon Hog Report, with a weighted average of $56.27.
From Friday to Friday livestock futures scored the following changes: October live cattle up $2.10, December live cattle up $1.38, October feeder cattle up $2.13, November feeder cattle up $2.88; October lean hogs up $0.53 and December lean hogs up $2.35.
December corn is up 17 1/2 cents per bushel and December soybean meal is up $3.00. The Dow Jones Industrial Average is up 307.54 points and NASDAQ is up 104.14 points.