DTN Closing Livestock Comment 04/25 15:50
25 Apr 2024
DTN Closing Livestock Comment 04/25 15:50 Northern Dressed Cattle Trade $2.00 to $3.00 Higher With feedlots in the North able to sell cattle $2.00 to $3.00 higher -- the futures complex didn't bat an eye at trading higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was an excellent day for the cattle complex as cash cattle sales were higher in the North, but the hog complex did struggle throughout the day as traders weren't disappointed early on from the morning's export report. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $2.78 with a weighted average price of $88.71 on 1,695 head. July corn is up 3 1/2 cents per bushel and July soybean meal is down $1.60. The Dow Jones Industrial Average is down 375.12 points.