DTN Closing Livestock Comment 01/27 16:00
Southern Feedlots Gain $1.00 Friday
Heading into next week's market, cattlemen are going to be especially
anxious to see what Tuesday's cattle inventory report reveals.
DTN Livestock Analyst
The complex faced some pressure early on, but by Friday's end, most of the
livestock contracts close higher. Hog prices closed lower on the Daily Direct
Afternoon Hog Report, down $0.30 with a weighted average of $70.63 on 6,789
head. March corn is up 1/2 cent per bushel and March soybean meal is down
$3.60. The Dow Jones Industrial Average is up 28.67 points.
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