It was another positive day for the cattle complex as both the live cattle and feeder cattle contracts closed higher. It would appear as though the market is indeed committing to trading higher following the low established last week. No cash cattle trade has developed yet, but packer interest could improve on Wednesday. May corn is down 2 3/4 cents per bushel and May soybean meal is up $2.10. The Dow Jones Industrial Average is up 159.95 points.
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