# Livestock Traders Wait For Cash Trade to Develop

> 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.

- Date: 2025-04-24 · published 2025-04-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/25257-livestock-traders-wait-for-cash-trade-to-develop
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

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.

## Read by commodity

- HOGS: neutral
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2025/04/24/livestock-traders-wait-cash-trade

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.