DTN Closing Livestock Comment 04/17 15:33
Cattle Futures Close Significantly Lower
Live cattle futures closed down the 300 limit in the April, June and August
contracts. Feeder cattle futures were also triple-digits lower on expanded
limits. Lean hog futures closed 10 to 70 lower.
By Rick Kment
According to the closing report, the Iowa hog base closed $0.76 lower
compared with the Prior Day settlement ($61.00-$63.50, weighted average
$61.97). Corn futures closed modestly higher, up 3 1/2 in May and June and up 3
For more free DTN information sent right to your email each morning - click here
to sign up for DTN Snapshot.