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DTN Closing Livestock Comment 02/22 16:30

22 Feb 2024

DTN Closing Livestock Comment 02/22 16:30 Bullish Morning for Livestock Results in Mixed Closes After trading $1.50 higher early Thursday, April live cattle finished the day down $1.15, showing some nervousness ahead of Friday's on-feed report. April feeders ended up $0.77 and April lean hogs were up $1.22, the highest close in over seven months. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: What looked like a bullish day for livestock early Thursday ended with April hogs at a new seven-month high, April cattle lower and feeders modestly higher.

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