DTN Livestock Closing: Cattle Closing Higher

Cattle feeding. Photo: ©Debra L Ferguson

By a Slim Notion, Cattle Contracts Closed Higher

Livestock contracts closed fully higher Wednesday, ready for Thursday’s trade.

GENERAL COMMENTS:

The livestock complex walked away from Wednesday able to close higher in all three markets. Hog prices were lower on the National Direct Afternoon Hog Report, down $0.26 with a weighted average of $38.49 on 8,465 head. December corn is up 3 cents per bushel and December soybean meal is down $1.20. The Dow Jones Industrial Average is up 373.05 points and NASDAQ is up 57.24 points.

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