DTN's Quick Takes
Periodic Updates on the Grains, Livestock Futures Markets
By
Dana Mantini
,
Senior Market Analyst
Livestock
Posted 08:34 -- June live cattle are up $0.03 at $163.975, May feeder cattle are up $0.38 at $208.2, June lean hogs are up $0.15 at $88., May corn is up 2 1/2 cents per bushel and May soybean meal is up $2.30. The Dow Jones Industrial Average is up 162.11 points. Both the live cattle and feeder cattle contracts are trading higher as the market continues to rally on Tuesday's bullish WASDE report and expects cash cattle to trade higher again this week. The lean hog contracts continue to struggle as demand remains an issue for the pork complex.
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