DTN Closing Livestock Comment 10/14 16:06
Strong Monday Livestock Close
Although other markets are apprehensions about the week and where the chips
may fall, livestock markets have welcomed the week and captured early gains.
By ShayLe Stewart
DTN Livestock Analyst
It's a legitimate concern to be worried about where exactly the trade
arrangements sit with China and how much longer things are going to take before
a signed, sealed and delivered agreement is reached, but despite outside market
influence, livestock sectors surge on. Hog prices are up on the National Direct
Afternoon Hog Report, up $0.89 with a weighted average of $57.50. December corn
is steady and December soybean meal is steady. The Dow Jones Industrial Average
is down 29.23 points and NASDAQ is down 8.39 points.
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