DTN Closing Livestock Comment 02/23 15:40
Higher Friday Closes Secure Big Weekly Gains For Feeder, Hog Prices
April live cattle, feeders and lean hogs all finished higher Friday and for
the week. April feeders were up $6.42 on the week, scoring the largest
percentage gain in the livestock sector, reinforcing the need for more calves
in the months ahead.
DTN Lead Analyst
Livestock futures traded higher Friday and received further support after
cash cattle trade was reported higher later Friday morning. Lean hog futures
also had a good week with improving signs of demand.
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