AgHost Livestock Close
It was a mixed day for the livestock complex as the cattle contracts closed mostly higher amid stronger cash cattle sales. The lean hog complex didn't see much support as traders were apprehensive of overly supporting the market ahead of the weekend. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $2.40 with a weighted average price of $89.38 on 1,990 head. July corn is up 1/2 cent per bushel and July soybean meal is up $7.30. The Dow Jones Industrial Average is up 454.71 points.
From Friday-to-Friday livestock futures scored the following changes: June live cattle down $1.90, August live cattle down $2.20; May feeder cattle down $5.40, August feeder cattle down $5.80; June lean hogs down $3.52, July lean hogs down $3.10; May corn up $0.07, July corn up $0.10.
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