DTN Livestock Close: Markets Hold onto Gains

Photo: Blair Fannin, Texas A&M AgriLife Extension Service

Livestock contracts did it again — closing the second day of the week higher in all three contracts.

GENERAL COMMENTS:

Livestock contracts blew the whistle and closed Tuesday fully higher — which extends our question from Monday into Wednesday — will the strength continue or will the volatile wake of the market’s recent trade take over?

Hog prices are lower on the National Direct Afternoon Hog Report, down $0.69 with a weighted average of $41.07.

May corn is up 3 3/4 cents per bushel and May soybean meal is down $3.20. The Dow Jones Industrial Average is down 26.13 points and NASDAQ is down 25.98 points.

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