DTN Closing Livestock Comment 04/11 15:46
11 Apr 2024
DTN Closing Livestock Comment 04/11 15:46 Higher Closes are Seen in the Livestock Complex Thursday Afternoon It was a positive day for the livestock complex as the market saw higher closes in all three markets despite more HPAI news developing. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex closed mostly higher Thursday afternoon despite there being more confirmed cases of HPAI in dairy cattle now in South Dakota and North Carolina. The cash cattle market saw a few deals develop in the South, but the North has yet to trade any cattle. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $3.58 with a weighted average price of 87.05 on 2,699 head. May corn is down 5 1/2 cents per bushel and May soybean meal is up $4.70. The Dow Jones Industrial Average is down 2.43 points.