DTN Closing Livestock Comment 03/03 15:18
3 Mar 2025
DTN Closing Livestock Comment 03/03 15:18 Hogs Found Support While Cattle Continued to Trade Lower It was a weak-hearted day for the livestock complex, with the lean hog complex able to close slightly higher, but the cattle contracts continued to feel technical pressure. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: All in all, Monday's market was lackluster at best as the cattle contracts closed lower and although the lean hog complex closed slightly higher, it's likely the market will be pressured on Tuesday as President Trump announced this afternoon that starting on Tuesday (3/4/2025) a 25% tariff will go into play for both Mexico and Canada. May corn is down 13 1/4 cents per bushel and May soybean meal is down $2.20. The Dow Jones Industrial Average is down 781.82 points.