Although other markets are apprehensions about the week and where the chips may fall, livestock markets have welcomed the week and captured early gains.
It’s a legitimate concern to be worried about where exactly the trade arrangements sit with China and how much longer things are going to take before a signed, sealed and delivered agreement is reached, but despite outside market influence, livestock sectors surge on.
Hog prices are up on the National Direct Afternoon Hog Report, up $0.89 with a weighted average of $57.50.
December corn is steady and December soybean meal is steady. The Dow Jones Industrial Average is down 29.23 points and NASDAQ is down 8.39 points.