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  Tuesday, November 24, 2020   
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DTN Closing Livestock Comment 11/24 16:05
   Building Into a Bullish Market

   Following in Monday's tracks, the livestock complex closed higher again
Tuesday afternoon.

ShayLe Stewart
DTN Livestock Analyst


   The surge in oil prices helped fuel positivity throughout the marketplace
and ensured that cattle contracts closed higher. Feedlots are thankful to see
the board's encouraged spirit as they patiently wait to move this week's cash
cattle market higher. Hog prices closed lower on the National Direct Afternoon
Hog Report, down $0.45 with a weighted average of $57.87 on 8,290 head. March
corn is down 3/4 cent per bushel and December soybean meal is up $3.40. The Dow
Jones Industrial Average is up 454.57 points and NASDAQ is up 156.15 points.
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