It was a mixed day for the livestock complex as the contracts were mostly pressured although some of the nearby live cattle and feeder cattle contracts were able to hold their slightly higher position through the day's end. A little bit of clean-up trade developed in the cash market, but prices remained steady with the trends set earlier in the week. March corn is up 9 3/4 cents per bushel and March soybean meal is up $2.80. The Dow Jones Industrial Average is up 334.70 points.
From Friday to Friday, livestock futures scored the following changes: February live cattle down $2.03, April live cattle down $1.97; January feeder cattle up $1.15, March feeder cattle down $1.35; February lean hogs down $1.43, April lean hogs down $0.35; March corn up $0.14, May corn up $0.14.
**The markets will be closed on Monday, Jan. 20 for Martin Luther King, Jr. Day. Regular DTN Market Commentary will resume on Tuesday, Jan. 21.**
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