DTN Closing Livestock Comment 04/23 15:38
DTN Closing Livestock Comment 04/23 15:38
Traders Again Push Livestock Contracts Higher as Bullish Sediment Remains
Packer interest should improve on Thursday, as no trade has developed yet,
but asking prices are now noted in the South at $214 to $215.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
It was another prosperous day for the livestock complex as all three of the
markets were able to close higher. Still no cash cattle trade has developed but
asking prices are now noted in the South at $214 to $215. May corn is down 2
cents per bushel and May soybean meal is down $1.10. The Dow Jones Industrial
Average is down 527.16 points.