AgHost Livestock Close

All in all, it was a disappointing day for the livestock complex, as little support developed and all three livestock markets ended the day lower. Throughout the day, Southern live cattle were marked at mostly $256 to $257, but mostly at $257, which is $3.00 lower than last week’s weighted average and Northern dressed cattle traded at mostly $405, which is $5.00 lower than last week’s weighted average. July corn is down 9 cents per bushel and July soybean meal is down $4.30. The Dow Jones Industrial Average is up 363.49 points and the NASDAQ is up 55.15 points.

From Friday to Friday, livestock futures scored the following changes: June live cattle down $1.05, August live cattle down $0.55; August feeder cattle down $1.43, September feeder cattle down $1.55; June lean hogs up $0.10, July lean hogs down $0.90; July corn down $0.17, and September corn down $0.14.