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DTN Closing Livestock Comment 11/30 16:08
   New COVID-19 Variant Scares Livestock Complex

   The marketplace is concerned about the what the ramifications will be with
the near COVID-19 variant as unfortunately little is known about its affects at
this point.

ShayLe Stewart
DTN Livestock Analyst


   The futures contracts struggled as the onset of the new COVID-19 variant
comes with more unknowns than knowns. The feeder cattle complex was the only
livestock contract able to close higher, and even its nearby contracts
struggled. Hog prices closed higher on the National Direct Afternoon Hog Report
up $1.45 with a weighted average of $56.60 on 7,160 head. March corn is down 14
3/4 cents per bushel and January soybean meal is down $0.90. The Dow Jones
Industrial Average is down 652.22 points and NASDAQ is down 245.14 points.
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