AgHost Livestock Close

It was a mixed day for the livestock complex as the futures market closed mostly lower, but the cash cattle complex saw some positive momentum ahead of the week’s end. Northern dressed cattle traded at mostly $382, which is $4.00 higher than last week’s weighted average and Southern live cattle traded at $248, which is also $4.00 higher than last week’s weighted average. March corn is up 1/2 cent per bushel and March soybean meal is up $1.30. The Dow Jones Industrial Average is up 48.95 points and the NASDAQ is down 50.48 points.

From Friday to Friday, livestock futures scored the following changes: February live cattle up $5.33, April live cattle up $3.38; March feeder cattle down $1.27, April feeder cattle up $0.65; April lean hogs down $6.68, June lean hogs down $6.05; March corn up $0.01, May corn up $0.03.

**The markets will be closed on Monday, Feb. 16, for Presidents Day. Regular DTN commentary will resume on Tuesday, Feb. 17.**