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


   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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