DTN Closing Livestock Comment 04/07 16:10
Higher Through Tuesday's Close
Livestock contracts did it again -- closing the second day of the week
higher in all three contracts.
By ShayLe Stewart
DTN Livestock Analyst
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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