DTN Closing Livestock Comment 10/27 16:15
27 Oct 2022
DTN Closing Livestock Comment 10/27 16:15 Cash Cattle Trade $2.00 to $5.00 Higher Heading into Friday's market, more cash cattle are expected to trade as thus far the week's movement has been incredibly thin. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a technical day for the livestock complex as traders didn't seem interested in support the contracts whatsoever. Thankfully, that didn't affect the cash cattle market as it traded $2.00 to $5.00 higher. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $6.99 with a weighted average of $91.99 on 5,698 head. December corn is down 2 3/4 cents per bushel and December soybean meal is up $6.70. The Dow Jones Industrial Average is up 194.17 points.