AgHost Livestock Close

Sharp, aggressive gains seen in all cattle futures led the market to limit higher moves by the end of the day. This not only led to expanded limits Tuesday, but also sparked spill-over buying across much of the lean hog complex. Hog prices closed lower on the Daily Direct Afternoon hog report, down $0.04 with a weighted average of $83.95 on 5,894 hogs. December corn closed up 2 1/2 at $4.298 and December soybean meal closed up $2.90 at $320.  The Dow Jones Industrial Average is up 381.53 at 47,368.63.