March 20, 2019
 
Caledonia Feed & SupplyCaledonia Feed MillCaledonia AgronomyLake Odessa Feed & GrainLake Odessa Agronomy
146 E. Main Street
Caledonia, MI 49316
Lake and Kinsey Street
Caledonia, MI 49316
290 South Street
Caledonia, MI 49316
1018 3rd Avenue
Lake Odessa, MI 48849
9260 Eaton Hwy
Lake Odessa, MI 48849
Store Line  616-891-4150 
Office Line 616-891-8108
Phone: 616-891-8108Phone: 616-891-1033Phone: 616-374-8061
Phone: 616-374-7329

 
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DTN Closing Livestock Comment 03/19 15:29
   Feeder Cattle Futures Surge Higher

   Underlying support moved back into feeder cattle trade Tuesday. April
futures tested short-term resistance levels, sparked by supply concerns and
adverse weather conditions.

By Rick Kment
DTN Analyst



   GENERAL COMMENTS: Strong buyer support is moving through cattle trade with
feeder cattle futures posting strong triple-digit gains in several contracts.
The underlying support helped spark buying into live cattle markets, despite
the lack of active support. Hog futures eroded, as position taking focused on
adjusting price levels after strong earlier gains. Corn futures are lower in
light activity. May futures fell 1/4 cent per bushel. Dow Jones Index is 29
points lower with Nasdaq up 9 points.
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