AgHost Livestock Close

All in all, it was a successful day for the livestock complex, as all three of the markets closed higher, and Friday’s Dec. 1 USDA Cattle on Feed report was bullish, too. At the time of this writing, only a handful of cattle had traded in the South at $228 in Kansas, which is $2 lower than the previous week’s weighted average. March corn is down 3/4 cent per bushel, and January soybean meal is down $0.80. The Dow Jones Industrial Average is up 183.04 points, and the NASDAQ is up 301.26 points.

From Friday to Friday, livestock futures scored the following changes: December live cattle up $0.60, February live cattle up $1.25; January feeder cattle up $6.50, March feeder cattle up $5.33; February lean hogs down $0.03, April lean hogs down $0.40; March corn up $0.03, May corn up $0.02.