DTN Closing Livestock Comment 04/10 15:26
Cattle Round Out Friday Higher; No Cash Cattle Trade Has Yet Developed
With packers and feedlot managers going head-to-head, no cash cattle trade
has developed yet Friday afternoon at this writing.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
The livestock complex closed Friday mixed with the cattle contracts
continuing to rally while the hog contracts ventured lower. Still no cash
cattle trade has developed at the time of this writing. May corn is down 3
cents per bushel and May soybean meal is up $14.20. The Dow Jones Industrial
Average is down 269.57 points and NASDAQ is up 80.85 points.
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