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DTN Closing Livestock Comment 05/09 15:53
Hogs Close Higher Thanks to Improved Demand
The cattle complex closed mostly lower as traders seemed exhausted from the
week.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
The livestock complex had a somewhat lethargic day, as the only real
excitable action was in the lean hog complex. No new cash cattle trade
developed throughout the day. May corn is up 2 1/2 cents per bushel and May
soybean meal is down $0.60. The Dow Jones Industrial Average is down 119.07
points and the NASDAQ is up 0.78 points.
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