DTN Closing Livestock Comment 12/09 16:09
Livestock Markets Close Mixed
Livestock markets traded on both sides of steady Monday, but ended up
closing the day mostly mixed.
By ShayLe Stewart
DTN Livestock Analyst
Livestock contracts spent some time Monday figuring out where the day needed
to trade, and it wasn't as high as many assumed it would be. Hog prices are
higher on the National Direct Afternoon Hog Report, up $0.50 with a weighted
average of $47.02. March corn is down 1 cent per bushel and January soybean
meal is down $0.80. The Dow Jones Industrial Average is down 105.46 points and
NASDAQ is down 34.70 points.
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