DTN Livestock Close: Roller Coaster Weak Ends Lower

©Debra L Ferguson Stock Photography

It may have been a shortened week but with the up and downs throughout the complex, contracts are exhausted and traders are looking forward to taking the weekend off from this week’s madness.

GENERAL COMMENTS:

The livestock complex didn’t fare too well this week. The lean hog market seemed to have a good run, then the board sold off Friday but cash prices thankfully stayed the course.

Hog prices are higher on the National Direct Afternoon Hog Report, up $0.59 with a weighted average of $52.73.

March corn is down 6 1/2 cents per bushel and March soybean meal is down $0.60. The Dow Jones Industrial Average is down 170.36 points and NASDAQ is down 87.57 points.

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