DTN Ag Host Midday Livestock

The livestock complex is trading lower into midday Wednesday as traders simply aren’t seeing enough support to keep the markets steady, let alone allow them to trade higher. Some light cash cattle trade has begun to develop, and currently, prices are trading at $372 in the North, which is $8.00 lower. May corn is up 9 1/2 cents per bushel and May soybean meal is up $2.40. The Dow Jones Industrial Average is down 457.27 points and the NASDAQ is down 29.85 points.