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DTN Closing Livestock Comment 04/03 15:28

3 Apr 2024
DTN Closing Livestock Comment 04/03 15:28 Lean Hog Futures Push to New High Wednesday as Cattle Futures Slide Further June lean hogs closed at a new one-year high Wednesday, a show of strong demand in the aftermath of Friday's bearish inventory report. June live cattle and May feeders were both lower after news of another influenza infection showed up in Ohio, the sixth state with a confirmed infection. Todd Hultman DTN Lead Analyst GENERAL COMMENTS: June lean hog futures closed at a new one-year high Wednesday as demand for cash hogs continues to outweigh Friday's bearish concerns about a higher-than-expected inventory. June live cattle and May feeders both posted lower closes after volatile trading sessions.