Cattle contracts couldn’t keep up with cash cattle price trends, but the lean hog contracts were able to close the day with the same vigor they started with.
With next week being one of the nation’s biggest holidays, you can already start to feel the markets trading more mundane and looking forward to having next Thursday off. Hog prices on the National Direct Afternoon Hog Report are up $0.20 with a weighted average of $42.53.
December corn is up 1 3/4 cents per bushel and December soybean meal is up $1.20.
The Dow Jones Industrial Average is down 54.80 points and NASDAQ is down 20.52 points.