DTN Livestock Close: Cattle Contracts Keep Momentum

©Debra L Ferguson Stock Photography

Livestock contracts closed mostly higher heading into the weekend.

GENERAL COMMENTS:

It was a big win for cattle contracts heading into the week on a higher note, which will hopefully trickle into next week’s trade, and not only bolster futures prices, but the cash market too.

Hog prices close the week higher on the National Direct Afternoon Hog Report, up $0.92 with a weighted average of $49.56.

March corn is down 1 3/4 cents per bushel and March soybean meal is down $0.80. The Dow Jones Industrial Average is down 25.23 points and NASDAQ is up 19.21 points.

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