DTN Livestock Close: Packers Buying Cattle With Time

    Some Northern dressed trade saw cattle sell with time for the weeks of Jan. 31 and Feb. 7.

    GENERAL COMMENTS:

    Heading into Wednesday, keeping an eye on slaughter speeds remains incredibly important as Tuesday’s speeds were stronger.

    Hog prices closed $4.08 higher on the National Direct Afternoon Hog Report, with a weighted average of $66.19 on 5,175 head.

    March corn is up 3 1/4 cents per bushel and March soybean meal is down $15.50. The Dow Jones Industrial Average is down 543.34 points and NASDAQ is down 386.85 points.

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