DTN Ag Host Midday Livestock

Even though traders are cautiously handling the cattle contracts Friday ahead of the weekend and the monthly Cattle on Feed report -- there's much to celebrate as fed cash cattle prices are trading anywhere from $3 to $7 higher. So far, Southern live cattle are trading at mostly $210, which is $7 higher than last week's weighted average. Northern dressed cattle are trading at $212 to $214, which is $3 to $5 higher than last week's weighted average. May corn is down 6 1/4 cents per bushel and May soybean meal is up $1.50. The Dow Jones Industrial Average is down 61.42 points.

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