DTN Closing Livestock Comment 04/26 15:31

DTN Closing Livestock Comment 04/26 15:31 Livestock Futures End Mixed in Light Trade Friday Limited trade activity and the desire by traders to square positions led to mixed closes in livestock futures Friday. By Rick Kment DTN Analyst GENERAL COMMENTS: Limited trade activity was seen in livestock markets Friday following the sharp triple-digit losses seen early in the week. Futures remained mixed through most of the session as traders took advantage of the limited volume. From Friday to Friday, livestock futures scored the following changes: Jun live cattle down $0.33; May feeder cattle up $0.40; Aug feeder cattle down $0.40; Jun lean hogs down $1.03; Jun lean hogs down $1.03. Cash cattle trade remained quiet Friday following trade in the South on Wednesday and North through the day Thursday. Although totals are not fully available, overall trade is expected to have been moderate to fairly active by the end of the week. Prices in the South were seen mostly $126 to $127 with prices steady to $1 higher. Northern trade were seen at $127 live and $204 to $205 dressed. This was $3 to $4 per cwt lower than week-ago levels. The National Daily Direct afternoon hog report was $1.33 lower ($72-$84, weighted average of $79.62) on 4,985 head sold. Corn futures were higher in light trade with July up 4 cents per bushel. The Dow Jones Index was 38 points higher with Nasdaq up 16 points.