Livestock contracts had a tough closing on Thursday, wrapping up the week mostly lower after a stronger first part of the week.
If there’s one thing I hope you’re doing this weekend, I hope that you’re eating beef or pork for your Easter best. While prices bounce back and forth on the board and throughout the countryside, demand can help clear the muddy waters and incentivize packers to keep processing.
Hog prices closed lower on the National Direct Afternoon Hog Report, down $0.38 with a weighted average of $39.96.
May corn is up 1 3/4 cents per bushel and May soybean meal is down $0.30. The Dow Jones Industrial Average is up 285.80 points and NASDAQ is up 62.68 points.