It was a sluggish day for the livestock complex as traders elected to take a cautious approach when trading the contracts. No cash cattle trade developed throughout the day and it's likely that trade will be delayed until the second half of the week. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $0.89 with a weighted average price of $60.87 on 1,518 head. March corn is steady and March soybean meal is steady. The Dow Jones Industrial Average is down 274.30 points.
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