DTN Livestock Closing: Cattle Contracts Wrestling

    Photo: Blair Fannin, Texas AgriLife Extension

    Cattle Contracts Wrestled With Monday

    All three livestock markets closed lower Monday with both live cattle and feeder cattle markets using the market’s new limits.

    Monday was a wild ride for the cattle complex as both live cattle and feeder cattle markets used the market’s new limits. Meanwhile, the lean hog market closed lower, but in a much kinder fashion. Hog prices closed $1.33 lower on the National Direct Afternoon Hog Report, with a weighted average of $60.57 on 3,985 head. December corn is up 3 1/4 cents per bushel and December soybean meal is up $5.70. The Dow Jones Industrial Average is down 410.89 points and NASDAQ is down 192.68 points.

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