DTN Closing Livestock Comment 05/26 16:16
Tuesday Rallied Livestock Contracts Higher
Tuesday was able to welcome in a new week and brought a sense of prosperity
that the market thrived on.
DTN Livestock Analyst
All three livestock contracts rallied through closing, ending the day
substantially higher for the start of the week. Boxed beef values and pork
cutouts are trying to wade through this new era as prices start to correct and
slaughter continues to grow. Hog prices closed lower on the National Direct
Afternoon Hog Report, down $1.98 with a weighted average of $36.83 on 6,853
head sold. July corn is up 1 cent per bushel and July soybean meal is down
$0.20. The Dow Jones Industrial Average is up 529.95 points and NASDAQ is up
For more free DTN information sent right to your email each morning - click here
to sign up for DTN Snapshot.