DTN Closing Livestock Comment 06/04 16:07
Livestock Board Closes Higher, Cash Trade Heads Lower
Thursday was able to muster up support midmorning and carried the positive
movement through closing.
DTN Livestock Analyst
Thursday was a positive day for the board as all three markets closed
higher, but the two cash markets teetered lower. Hog prices closed lower on the
National Direct Afternoon Hog Report, down $0.82 with a weighted average of
$32.97 on 6,617 head sold. July corn is up 5 cents per bushel and July soybean
meal is up $3.50. The Dow Jones Industrial Average is up 11.93 points and
NASDAQ is down 67.10 points.
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