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DTN's weekly livestock analysis reported April live cattle down $1.65 to $117.325 and March feeder cattle down $3.825 to $127.45. Lean hogs and the DTN National Corn Index cash price also fell for the week, with bearish technical signals.
Weekly declines and bearish technical signals in cattle, hogs and cash corn point to softer livestock values and modest pressure on feed grain prices.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
