DTN Closing Livestock Comment 03/23 15:36
23 Mar 2016
DTN Closing Livestock Comment 03/23 15:36 Cattle Futures Close Lower; Hogs Mixed Live and feeder cattle futures closed lower Wednesday, while lean hog contracts were mixed. By Rick Kment DTN Analyst GENERAL COMMENTS: Just a handful of cash cattle trade in Nebraska and Iowa on Wednesday at $216 to $218, but not enough to set an accurate trend. The Iowa/Minnesota Daily Direct Afternoon Hog report showed a weighted average of $61.77, $0.01 lower, with a base price range of $52.00-$62.00. Corn futures closed lower, down 1 1/2 cents in the May contract and down 1 3/4 cents in the December.