DTN Closing Livestock Comment 02/22 16:30
Bullish Morning for Livestock Results in Mixed Closes
After trading $1.50 higher early Thursday, April live cattle finished the
day down $1.15, showing some nervousness ahead of Friday's on-feed report.
April feeders ended up $0.77 and April lean hogs were up $1.22, the highest
close in over seven months.
DTN Lead Analyst
What looked like a bullish day for livestock early Thursday ended with April
hogs at a new seven-month high, April cattle lower and feeders modestly higher.
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