AgHost Livestock Close
Even though the lean hog complex closed lower as concerns about summer demand pressured its market, the cattle complex rallied through the day without a hitch. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $1.67 with a weighted average price of $90.38 on 1,799 head. July corn is down 2 cents per bushel and July soybean meal is down $2.90. The Dow Jones Industrial Average is up 153.86 points.
Friday-to-Friday livestock futures scored the following changes: April live cattle up $3.20, June live cattle up $2.90; May feeder cattle up $6.70, August feeder cattle up $7.05; June lean hogs down $2.35, July lean hogs down $0.52; May corn up $0.07, July corn up $0.07.
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