AgHost Livestock Close

The livestock complex had another fruitful day as most of the contracts were able to close higher. Throughout the week, some light trade was noted in the South at $242 to $245, which is $3.00 to $6.00 higher than last week’s weighted average, and Northern dressed cattle traded at mostly $378, which is $1.00 higher than last week’s weighted average. March corn is down 4 3/4 cents per bushel and March soybean meal is up $0.40. The Dow Jones Industrial Average is up 1,206.95 points and the NASDAQ is up 490.62 points.

From Friday to Friday, livestock futures scored the following changes: February live cattle up $1.90, April live cattle up $0.45; March feeder cattle up $7.15, April feeder cattle up $4.53; February lean hogs up $0.13, April lean hogs up $2.80; March corn up $0.02, May corn up $0.03.