0
Phone (810) 387-3498      Fax (810)-387-3486  Thursday, May 19, 2022  
 
Weather |  Charts |  Futures |  Futures Markets |  Market News |  Headline News |  DTN Ag Headlines |  Options |  Portfolio |  Corn News |  Soybeans News |  Wheat News 
Home
Vogelsberg Grain Co.
Customer Account Login
Grain Prices
Cash Grain Bids
Other Links
Area Grain Bids
Agriculture Links
Misc.
Feedback
Admin Login
Michigan County Roads
 
 
Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
 
 
DTN Closing Livestock Comment 05/18 16:11
   Cattle Futures Wither Away in Wednesday's Market

   It was a tough day for the cattle contracts, but the lean hog market was
able to defend its price points as, fundamentally, the market is completely
supportive.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   As the stock market gave way to the market's pressures, the live cattle and
feeder cattle markets jumped on board and road the ship lower. Meanwhile, the
lean hog complex was able to rely on its strong fundamentals and keep its
complex trading green despite the rest of the market's weakness. Hog prices
closed higher on the Daily Direct Afternoon Hog Report, up $0.31 with a
weighted average of $111.69 on 15,581 head. July corn is down 19 1/4 cents per
bushel and July soybeans closed 15 1/4 cents lower. The Dow Jones Industrial
Average is down 1,164.52 points.
DTN offers additional daily information available free through DTN Snapshot – sign up today.
 
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN