DTN Closing Livestock Comment 03/15 16:12
15 Mar 2022
DTN Closing Livestock Comment 03/15 16:12 TLive Cattle Push Higher Through Tuesday's Close The live cattle complex wasn't interested in a half-hearted close and thankfully the contracts all closed higher ahead of the day's last call. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a good day for the livestock complex, but a considerably good day for the live cattle futures as they closed fully higher. Feedlots are looking at the strength that the live cattle contracts are pushing and they're hopeful cash cattle prices can trend higher too. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $4.67 with a weighted average price of $106.87 on 7,711 head. May corn is up 9 3/4 cents per bushel and May soybean meal is down $0.30. The Dow Jones Industrial Average is up 599.10 points and NASDAQ is up 367.40 points.