AgHost Livestock Close
The livestock complex rallied throughout the day as all three of the livestock markets closed higher Friday afternoon. And shortly after midday, some Southern live cattle began trading at $225, $7.00 above last week’s weighted average. March corn is down 2 1/2 cents per bushel and January soybean meal is down $3.80. The Dow Jones Industrial Average is up 104.05 points and the NASDAQ is up 72.99 points.
From Friday to Friday, livestock futures scored the following changes: December live cattle up $11.58, February live cattle up $9.30; January feeder cattle up $15.08, March feeder cattle up $15.45; December lean hogs up $1.05, February lean hogs up $1.28; December corn up $0.01, March corn down $0.03.
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