News & Commentary


Market Commentary

DTN Closing Livestock Comment 01/18 16:13

1/18/2022 - 16:45:00

DTN Closing Livestock Comment 01/18 16:13
   Packers Buying Cattle With Time

   Some Northern dressed trade saw cattle sell with time for the weeks of Jan.
31 and Feb. 7.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   Heading into Wednesday, keeping an eye on slaughter speeds remains
incredibly important as Tuesday's speeds were stronger. Hog prices closed $4.08
higher on the National Direct Afternoon Hog Report, with a weighted average of
$66.19 on 5,175 head. March corn is up 3 1/4 cents per bushel and March soybean
meal is down $15.50. The Dow Jones Industrial Average is down 543.34 points and
NASDAQ is down 386.85 points.

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