DTN Closing Livestock Comment 04/06 16:19
Contracts Close Higher Monday
All three livestock contracts were able to push through closing and close
out Monday fully higher.
By ShayLe Stewart
DTN Livestock Analyst
Livestock contracts were able to keep support through Monday's closing as
all three sectors closed higher. The pressure now sifts to Tuesday as cattlemen
pray that the market will be able to keep its momentum. Hog prices closed lower
on the National Direct Afternoon Hog Report, down $1.70 with a weighted average
of $42.88. May corn is down 3 cents per bushel and May soybean meal is down
$6.20. The Dow Jones Industrial Average is up 1,627.46 points and NASDAQ is up
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