DTN Ag Host Midday Livestock

The livestock complex is taking a cautious approach to Monday’s trade as most of the livestock contracts are currently trading lower. With there being sizeable outside pressure looming over the livestock complex — a lower trend is expected through the day’s close. New showlists appear to be lower in all major feeding states. May corn is down 4 1/4 cents per bushel and May soybean meal is down $7.10. The Dow Jones Industrial Average is down 41.77 points and NASDAQ is up 91.13 points.