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Cattle futures closed higher on April 23 as traders expected firm cash prices, with April live cattle at a contract high. Lean hog futures were mixed, and the DTN lean hog equivalent index fell to $99.85.
Strong cattle futures and feeder demand support feedlot holding decisions and feed purchases, while the mixed hog market shows packers have bought most weekly needs.
dtnpf.comRobin SchmahlApr 24, 2025Not 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.
