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DTN's weekly livestock analysis showed April live cattle closing $2.475 lower at $113.15 and March feeders down $1.50 at $122.075. Lean hogs closed higher at $71.075 but showed bearish weekly stochastics, while cash corn rose 8 cents to $3.37 1/2.
Technical signals point to a possible intermediate-term downtrend in cattle and hogs, which could reduce feed demand expectations for cattle and hog producers while cash corn firmed.
dtnpf.comDarin NewsomFeb 12, 2017Not 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.
