DTN Ag Host Midday Livestock

Strong triple-digit gains have redeveloped in all cattle trade, with feeder cattle futures leading the shift higher and prices holding a $3-per-cwt rally through most nearby contracts at midday. Lean hog futures remain under light to moderate pressure with ample supply of hogs available for packers’ needs. This is not only limiting cash hog prices but also limiting pork values heading into April. May corn is up 2 1/2 at $4.583 and May soybean meal is up $1.40 at $316.3. The Dow Jones Industrial Average is up 493.04 at 45,709.18.