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Greater Ozarks MFA Agri Services – Ozark, Ash Grove & Marshfield. |
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DTN Closing Livestock Comment 05/15 15:52 Cattle Fall Sharply Lower While Hogs Gain Momentum More cash cattle trade will need to take place on Friday as the week's movement has been thin. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mixed day for the livestock complex as the cattle contracts endured an extremely pressuring day, but the lean hog complex closed higher. Not helping lend direction to the futures complex was the fact that the fed cash cattle market says prices trade anywhere from $1.00 lower to $2.00 higher. July corn is up 3 cents per bushel and July soybean meal is up $4.50. The Dow Jones Industrial Average is up 271.69 points and the NASDAQ is down 34.49 points.
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