Thursday, May 6, 2021  
 
Weather |  Market News |  Grain |  Corn News |  DTN Ag Headlines |  Portfolio |  Crops |  Farm Life 
Nutritional Staff
Home
History
SDS
Directions
Scholarships
Employment
 
 
Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
 
 
DTN Closing Livestock Comment 05/06 16:12
   Lean Hogs, Live Cattle Lean Forward Through Closing

   Heading into Friday's trade and rounding out the week, the feeder cattle
contracts are hopeful that the corn market might be idle so they won't have to
endure stark losses once again.

ShayLe Stewart
DTN Livestock Analyst

   GENERAL COMMENTS:

   It was a relatively quiet day for the livestock complex with both the lean
hog and live cattle contracts seeing modest support carry the contracts higher
into the day's close, while the feeder cattle complex continued to sway lower
as corn prices kept rallying. Hog prices closed lower on the National Direct
Afternoon Hog Report, down $0.51 with a weighted average of $116.42 on 6,533
head. May corn is up 6 1/4 cents per bushel and May soybean meal is up $3.40.
The Dow Jones Industrial Average is up 318.19 points and NASDAQ is up 50.42
points.
Your local weather forecast from DTN can be sent to your email every morning free through DTN Snapshot.
 
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN