DTN Closing Livestock Comment 11/22 16:01
Livestock Futures Close Mostly Lower Friday
Friday livestock contracts struggled to perform, especially in the cattle
By ShayLe Stewart
DTN Livestock Analyst
It was a big day of USDA reports with the monthly Cattle on Feed (COF) and
Cold Storage reports coming out. Cattle contracts had a rough day, especially
on the feeder cattle side of things. Hog prices are $0.66 lower on the National
Direct Afternoon Hog Report, with a weighted average of $41.91. December corn
is up 1/4 cent per bushel and December soybean meal is down $2.00. The Dow
Jones Industrial Average is up 102.74 points and NASDAQ is up 12.76 points.
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