DTN Ag Host Midday Livestock

The cattle contracts are enjoying a midmorning rally Tuesday, which has helped push both the live cattle and feeder cattle futures higher thanks to an uptick in the equity markets. Meanwhile the lean hog complex continues to trade lower as traders remain unconvinced that there’s enough support to push the market higher. June lean hogs are down $0.60 at $102.525, May corn is up 3 3/4 cents per bushel and May soybean meal is down $0.00. The Dow Jones Industrial Average is up 280.07 points and NASDAQ is up 390.69 points.