Wednesday, March 3, 2021  
Weather |  Markets Page |  Futures Markets |  Ag News |  DTN Renewable Fuels |  Farm Life |  Portfolio |  Quotes |  Charts 
Heron Lake Plant
HLBE News Items
Board of Governors
Our People
Cash Bids
Grain Policy
USDA and Weather Forecasts
Discount Schedules
Corn Route Map
Trading Capital Units
SEC Filings
Ethanol Industry
Contact Us
Terms and Conditions
Nomination Questionnaire
Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
DTN Closing Livestock Comment 03/02 16:15
   Live and Feeder Cattle Contracts Find Modest Support

   Even though the market is still skeptical of what the week will do, it
helped the cattle market's morale to have modest support in the live and feeder
cattle contracts.

ShayLe Stewart
DTN Livestock Analyst


   Both the live and feeder cattle contracts were able to slip through the
day's close with modest gains, while the lean hog contracts crumbled in their
nearby contracts. Looking to Wednesday's trade, the market will be eager to see
if there's much interest in the Fed Cattle Exchange as feedlots are ready for
stronger cash cattle prices. Hog prices closed higher on the National Direct
Afternoon Hog report, up $2.28 with a weighted average of $80.93 on 9,515 head.
May corn is up 6 3/4 cents per bushel and May soybean meal is up $3.40. The Dow
Jones Industrial Average is down 143.99 points and NASDAQ is down 230.04 points.
DTN offers additional daily information available free through DTN Snapshot – sign up today.
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN