Despite having some positive trade earlier in the week, all three livestock markets traded lower Friday.
The livestock complex more or less checked out Thursday afternoon after feeder cattle sales were finished and the hogs and pigs report was released. Friday traded mostly uneventful through the day, seeming to look for the weekend and without much interest. Hog prices closed lower on the National Direct Afternoon Hog Report, down $0.18 with a weighted average of $28.48 on 6,201 head.
July corn is down 1/4 cent per bushel and July soybean meal is down $3.40. The Dow Jones Industrial Average is down 730.05 points and NASDAQ is down 259.78 points.