DTN Livestock Close: Dressed Cattle Jump $2 to $4 Higher

    Texas A&M AgriLife Extension Service photo by Adam Russell

    Heading into Thursday, cattlemen are hopeful that the week’s export report serves as the icing on the cake to this week’s strong market.


    It was another strong day for the live cattle and feeder cattle contracts Wednesday, as both markets saw higher closes on the board, and the cash cattle market walked away with higher prices too. Heading into Thursday’s market, hog enthusiasts aren’t expecting to see much in the export report, but cattle producers are hoping strong demand prevails.

    Hog prices closed lower on the Daily Direct Hog Report, down $1.88 with a weighted average of $97.79 on 6,187 head.

    May corn is up 7 1/4 cents per bushel, and May soybean meal is down $2.70. The Dow Jones Industrial Average is up 344.23 points.

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