Matthews Feed & Grain, Grain Elevators, Matthews, IN

 
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DTN Closing Livestock Comment 02/20 15:46
   Strong Tones Lead Livestock Higher  Tuesday

   It was a fruitful day for the livestock complex as traders led the markets
higher through Tuesday's end.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   It was a positive day for the livestock complex as all three markets closed
mostly higher. No cash cattle trade developed and trade is likely delayed until
Thursday or Friday. Hog prices closed higher on the Daily Direct Afternoon Hog
Report, up $0.82 with a weighted average price of $70.25 on 1,953 head. March
corn is up 2 1/4 cents per bushel and March soybean meal is up $2.00. The Dow
Jones Industrial Average is down 64.19 points.
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