DTN Livestock Close: Markets Move Mostly Higher

©Debra L Ferguson Stock Photography

Live cattle and lean hog markets were able to make it through Monday without giving up much ground while the feeder cattle market weakened slightly.

GENERAL COMMENTS:

With news filtering around about the phase one trade agreement, another packing plant being closed and the fall feeder run under full swing — Monday closed better than assumed.

Hog prices are up on the National Direct Afternoon Hog Report, up $0.24, with a weighted average of $56.94.

December corn is down 3 3/4 cents per bushel and December soybean meal is down $0.80. The Dow Jones Industrial Average is up 55.54 points and NASDAQ is up 73.45 points.

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