Agriculture

Prices continue to be higher – AgFax

© Debra L Ferguson Stock Photography

On Wednesday, the market for cash cattle is likely to be more interested, and fattening plots hope to raise prices.

GENERAL COMMENTS:

On Tuesday, prices at the livestock complex rose again because, technically speaking, the contracts receive huge support. The cash hog market jumped nearly $ 3.00 higher and traded a staggering amount of pigs. Now the cash market just needs to follow this trend for a week.

Pig prices closed higher according to the National Direct Afternoon Pig Report, up $ 2.90 from a weighted average of $ 89.41 per 13,406 head.

March corn fell 17 3/4 cents a bushel, and March soybean meal fell $ 9.60. The Dow Jones industrial index rose 422.67 points and the NASDAQ rose 348.84 points.

https://agfax.com/2022/02/15/dtn-livestock-close-prices-continue-higher/ Prices continue to be higher – AgFax

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