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DTN Closing Livestock Comment 04/28 15:21
Early Cash Cattle Sales Jump $4.00 Higher Tuesday
Although it's still early in the week, some cash cattle sales have been
noted Tuesday in Texas at $250, which is $4.00 higher than last week's weighted
average.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
The livestock complex ended Tuesday mixed as the cattle contracts maintained
their rally but the lean hog contracts fell lower. The most exciting news for
the day was some early cash cattle sales were noted in Texas at $250, which is
$4.00 higher than last week's weighted average. July corn is up 6 1/4 cents per
bushel and July soybean meal is down $0.40. The Dow Jones Industrial Average is
down 31.64 points and NASDAQ is down 223.30 points.
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