DTN Livestock Close: Overall Stronger Trade

Call the day a midweek win as live cattle and feeder cattle contracts closed higher and lean hog contracts close mixed.

GENERAL COMMENTS:

Overall Wednesday closed stronger in all three livestock contracts. Cattle contracts closed the day stronger throughout all contract months and the lean hog market closed mixed with some contracts higher and some lower.

Hog prices are higher on the National Direct Afternoon Hog Report, up $0.21 with a weighted average of $47.79.

March corn is down 5 3/4 cents per bushel and January soybean meal is down $3.70. The Dow Jones Industrial Average is up 29.58 points and NASDAQ is up 37.87 points.

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