DTN Closing Livestock Comment 06/02 15:42
Livestock Complex Rounds Out Week Fully Higher
It was an invigorating week for the entire livestock complex and the markets
closed fully higher by Friday's end.
DTN Livestock Analyst
The livestock complex rounded out the week on a strong note as all three of
the markets were able to close higher. The cattle complex now looks to next
week, wondering what cash cattle prices could do in the week ahead. Hog prices
closed lower on the Daily Direct Afternoon Hog Report, down $4.82 with a
weighted average of $81.76 on 3,992 head. July corn is up 16 1/2 cents per
bushel and July soybean meal is down $3.60. The Dow Jones Industrial Average is
up 701.19 points.
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