DTN Closing Livestock Comment 04/25 15:49
25 Apr 2023
DTN Closing Livestock Comment 04/25 15:49 Traders Let the Livestock Contracts Drift Lower Again It was a disappointing day for the livestock complex, as all three of the markets closed mostly lower. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The entire marketplace was pressured Tuesday as external weight bore down on the market and as traders long for something supportive to come along this week. But, even so, all three of the livestock markets closed lower. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $1.15 with a weighted average of $67.08 on 10,074 head and a five-day rolling average of $67. July corn is up 1/4 cent per bushel, and July soybean meal is down $2.40. The Dow Jones Industrial Average is down 344.57 points.