DTN Closing Livestock Comment 11/23 15:57
Livestock Contracts Cling to Support Through Closing
Monday was a strong day for the livestock contracts as all three markets
closed higher with traders being willing to jump into the marketplace.
DTN Livestock Analyst
It was a prosperous Monday for livestock contracts as support was willing to
move all three markets higher and the day closed substantially stronger in the
feeder cattle market. Hog prices closed lower on the National Direct Afternoon
Hog Report, down $0.50 with a weighted average of $58.33 on 8,012 head.
December corn is up 3 1/4 cents per bushel and December soybean meal is up
$0.20. The Dow Jones Industrial Average is up 361.86 points and NASDAQ is up
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