Heading into Monday’s trade, the market will want to know how processing speeds are going to run ahead of anything else.
It was a quiet day for the livestock complex as Friday’s trade was mostly uneventful and led the contracts into a mixed close ahead of the weekend.
Hog prices closed lower on the National Direct Afternoon Hog Report, down $1.65 with a weighted average of $66.95 on 5,174 head.
March corn is up 3 cents per bushel and March soybean meal is up $14.00. The Dow Jones Industrial Average is down 4.81 points and NASDAQ is down 144.96 points.