0
0
0
Jefferson City MFA AgriServices
1009 4th Street Click for MAP

Jefferson City, MO 65101

MFA CUSTOMER PORTAL

(573) 635-7183
Mo
n-Fri 8am-5pm
Sat 8am - Noon 
 

 
Printable Page Livestock   Return to Menu - Page 1 2 3 4 5 7 8 10 11 12 13
 
 
DTN Closing Livestock Comment 09/26 16:09
   Livestock Complex Closed Lower as Widespread Selling Summaries Monday's
Events

   Heading into Tuesday's market both beef and pork producers are hopeful that
domestic demand will help ease some of the market's pain.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   The livestock complex couldn't avoid the market's looming pressure as
investors become more and more fixated on the brutal combination of higher
interest rates and hot inflation. The entire livestock complex closed lower and
seemed to be focused on one thing -- the economy's weakened state. Hog prices
closed higher on the Daily Direct Afternoon Hog Report, up $5.54 with a
weighted average of $91.88 on 8,882 head. December corn is down 10 1/2 cents
per bushel and December soybean meal is down $5.80.
Get your local Cash Bids emailed to you each morning from DTN – click here to sign up for DTN Snapshot.
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN