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DTN Closing Livestock Comment 04/28 16:09

28 Apr 2021
DTN Closing Livestock Comment 04/28 16:09 Cash Cattle Trade Comes With Delayed Delivery The live cattle market had a taxing day as the futures market closed lower and cash cattle sold lower as well. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mixed day for the livestock complex as the cattle contracts endured another day of low blows from the futures market, but the lean hog complex was able to close fully higher. Hog prices closed lower on the National Direct Afternoon Hog Report, down $1.58 with a weighted average of $111.52 on 7,307 head. July corn is down 10 1/2 cents per bushel and July soybean meal is down $5.00. The Dow Jones Industrial Average is down 164.55 points and NASDAQ is down 39.19 points.