AgHost Livestock Close

The livestock complex ended the day mostly lower as the cattle contracts feared what the afternoon’s Cattle on Feed report may showcase, and the hog contracts simply can’t find the support they need to add stability to the market. No new cash cattle trade developed throughout the day. July corn is up 1 cent per bushel and July soybean meal is up $3.50. The Dow Jones Industrial Average is up 332.00 points and the NASDAQ is up 42.79 points.

From Friday to Friday, the livestock futures scored the following changes: June live cattle down $4.60, August live cattle down $8.33; August feeder cattle down $11.60, September feeder cattle down $12.28; June lean hogs down $3.00, July lean hogs down $2.95; July corn up $0.08 and September corn up $0.07.

**The markets are closed on Monday, May 25, for Memorial Day. Regular DTN market commentary will resume on Tuesday, May 26.**