DTN Closing Livestock Comment 03/25 15:42
25 Mar 2024
DTN Closing Livestock Comment 03/25 15:42 Cattle Look for Support Following Friday's Cattle on Feed Report Heading into Tuesday's market, the cattle complex will be looking for any support that could surface, and hogs will be hoping that demand remains strong. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mixed day for the livestock complex as the cattle contracts fought some pressure, but the lean hog complex rallied throughout the day. Hog prices closed higher on the Daily Direct Afternoon Hog report, up $1.87 with a weighted average price of $81.17 on 1,965 head. May corn is down 1 1/2 cents per bushel and May soybean meal is up $2.60. The Dow Jones Industrial Average is down 158.65 points.