January 17, 2020
 
Caledonia Feed & SupplyCaledonia Feed MillCaledonia AgronomyLake Odessa Feed & GrainLake Odessa Agronomy
146 E. Main Street
Caledonia, MI 49316
Lake and Kinsey Street
Caledonia, MI 49316
290 South Street
Caledonia, MI 49316
1018 3rd Avenue
Lake Odessa, MI 48849
9260 Eaton Hwy
Lake Odessa, MI 48849
Store Line  616-891-4150 
Office Line 616-891-8108
Phone: 616-891-8108Phone: 616-891-1033Phone: 616-374-8061
Phone: 616-374-7329

 
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DTN Closing Livestock Comment 01/17 16:12
   Leaving on a Positive Note

   As the market prepares for a three-day weekend, it's positive to see two out
of the three livestock contracts trading higher.

By ShayLe Stewart
DTN Livestock Analyst



   GENERAL COMMENTS:

   If there is a take away that the market can learn from this week, it is that
it's wise to not bolster the market with sheer hopefulness and anticipation
until the fine details are printed and clear. Thankfully the market seems to be
coming around after Thursday's beatdown and is trading higher in both the lean
hog and live cattle markets. Hog prices are lower on the National Direct
Afternoon Hog Report, down $0.43 with a weighted average of $50.79. March corn
is up 13 3/4 cents per bushel and March soybean meal is down $0.00. The Dow
Jones Industrial Average is up 50.46 points and NASDAQ is up 31.81 points.
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