DTN Closing Livestock Comment 04/24 15:36
24 Apr 2023
DTN Closing Livestock Comment 04/24 15:36 Traders Only Focus on Friday's Cattle on Feed Report On Tuesday, it will be interesting to see if traders are still fixated on the Cattle on Feed report or if they're now able to look beyond it. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was another mixed Monday for the livestock complex as the cattle complex stumbled throughout Monday's market thanks to Friday's Cattle on Feed report, but the lean hog market closed higher. Hog prices closed lower on the Daily Direct Afternoon hog report, down $0.09 with a weighted average of $65.93 on 4,795 hogs. July corn closed down 7 3/4 at $6.075 and July soybean meal closed down $6.20 at $437.4. The Dow Jones Industrial Average is up 66.44 at 33,875.40.