DTN Closing Livestock Comment 04/21 16:09
21 Apr 2020
DTN Closing Livestock Comment 04/21 16:09 Livestock Contracts Keep Feeling the Pressure Livestock contracts keep with their lower, steady pace this week. By ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Despite last week's strength on the futures board and the higher cash hog market, this week's complex seems to have more pressure built up as the market is unable to close the day higher. Hog prices are higher on the National Direct Afternoon Hog Report, up $0.96 with a weighted average of $32.73, on 5,780 head sold. May corn is down 5 cents per bushel and July soybean meal is up $3.70. The Dow Jones Industrial Average is down 631.56 points and NASDAQ is down 297.50 points.