DTN Closing Livestock Comment 11/19 16:11
The Squeaky Wheel Got the Grease
Livestock contracts closed Tuesday mixed in all three trading arenas.
By ShayLe Stewart
DTN Livestock Analyst
Tuesday morning livestock contracts were crying, whining and complaining
about lower prices and because the last two months (in cattle contracts) has
treated everyone so well, the taste of lower prices on the board takes some
getting used to. Hog prices on the National Direct Afternoon Hog Report closed
higher, up $0.17 with a weighted average of $42.31. December corn is up 2 1/4
cents per bushel and December soybean meal is up $0.80. The Dow Jones
Industrial Average is down 102.20 points and NASDAQ is up 20.72 points.
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