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Thursday, April 25, 2024  
 
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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.
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