DTN Livestock Closing: Contracts Bat for Higher Prices

    Cattle feeding. Photo: ©Debra L Ferguson

    Livestock Contracts Bat for Higher Prices

    Heading into Friday, the livestock complex is hopeful to keep these strong gains.

    GENERAL COMMENTS:

    Thursday ended up being a great day for the livestock market as support was ample and contracts were able to close fully higher. Hog prices closed lower on the National Direct Afternoon Hog Report, down $0.18 with a weighted average of $54.90 on 7,164 head. March corn is up 2 1/4 cents per bushel and March soybean meal is down $4.20. The Dow Jones Industrial Average is down 12.37 points and NASDAQ is up 73.67 points.

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