AgHost Livestock Close

The livestock complex rounded out the week on a lower note as traders simply weren’t confident the market actually possessed enough support to push the contracts any other direction other than lower. Some light cash cattle trade developed throughout Friday but prices held mostly steady with Thursday’s trade. May corn is up 1/4 cent per bushel and May soybean meal is down $0.90. The Dow Jones Industrial Average is up 868.71 points and NASDAQ is up 365.78 points.

From Friday to Friday, livestock futures scored the following changes: April live cattle down $1.82, June live cattle down $1.85; April feeder cattle down $2.82, May feeder cattle down $7.07; June lean hogs down $2.68, July lean hogs down $2.90; May corn up $0.08, July corn up $0.06.