DTN Closing Livestock Comment 04/05 15:45
5 Apr 2022
DTN Closing Livestock Comment 04/05 15:45 Tuesday's Livestock Contracts Close With Losses Throughout Heading into Wednesday, feedlots that have held off are hoping to see some firmness develop in the cash cattle market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex wasn't given any freebies Tuesday, and when looking at what Wednesday may bring, the market could be pressured with even more pushback later in the week. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $1.38 with a weighted average of $99.49 on 4,544 head. May corn is up 9 1/4 cents per bushel and May soybean meal is up $10.80. The Dow Jones Industrial Average is down 156.40 points and NASDAQ is down 258.86 points.