News & Resources

DTN Closing Livestock Comment 04/03 15:45

3 Apr 2023
DTN Closing Livestock Comment 04/03 15:45 Cattle, Nearby Hogs Finish Lower Monday Futures prices of live cattle and feeder cattle ended lower Monday, noticing larger showlists to start the week. June and April hogs ended lower with the April contract posting a new contract low. Todd Hultman DTN Lead Analyst GENERAL COMMENTS June cattle, May feeder cattle and June lean hogs all finished lower Monday with feeder cattle down $2.10, showing the largest loss of the day. After a bullish week of cash cattle trade last week, news of a surprise production cut by OPEC+ raised concerns again about the future of retail demand.