# Weekly Analysis: Livestock Markets

> DTN technical analysis shows June live cattle closing $2 higher at $116.70 and August feeder cattle $1.975 higher at $142.25, both in intermediate uptrends. June lean hogs fell $4.175 to $68.325 in a downtrend. The DTN national corn cash index closed at $3.22, down 12.75 cents on the week.

- Date: 2017-04-24 · published 2017-04-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5396-weekly-analysis-livestock-markets
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Cattle strength reflects tight supplies, while weaker hog and cash corn prices point to ample supplies in those markets. Technical signals suggest possible near-term reversals in cattle.

## Read by commodity

- CORN: bearish ▼
- HOGS: bearish ▼
- WHEAT: bearish ▼
- KWHEAT: bearish ▼
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/technically-speaking/blog-post/2017/04/24/weekly-analysis-livestock-markets
- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/technically-speaking/blog-post/2017/04/24/weekly-analysis-wheat-markets

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