DTN Livestock Close: Contracts Keep Tipping Lower

The effects of the coronavirus have been relentless as contracts keep tipping lower.

GENERAL COMMENTS:

Another day of emotionally fueled market uncertainty strikes the livestock sector; leaves the complex exhausted and inconclusive about what’s to come in the upcoming days.

Hog prices are higher on the National Direct Afternoon Hog Report, up $0.20 with a weighted average of $50.22. May corn is down 6 1/2 cents per bushel and May soybean meal is up $5.30.

The Dow Jones Industrial Average is down 1,190.95 points and NASDAQ is down 414.29 points.

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