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AgHost Livestock Close

AgHost Livestock Close

It ended up being a mixed day for the livestock complex as the cattle contracts closed lower but the lean hog market kept its upward momentum through the day’s end. Southern live cattle traded at $240, which is $4.00 lower than last week’s weighted average, and Northern dressed cattle traded at $380, which is $3.00 lower than last week’s weighted average. May corn is up 7 cents per bushel and May soybean meal is up $7.90.

The Dow Jones Industrial Average is down 453.19 points and NASDAQ is down 361.31 points.

From Friday to Friday, livestock futures scored the following changes: April live cattle up $2.35, June live cattle up $2.32; March feeder cattle up $0.20, April feeder cattle up $0.43; April lean hogs down $0.10, June lean hogs up $1.03; March corn up $0.08, May corn up $0.12.

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