DTN Closing Livestock Comment 01/30 16:08
30 Jan 2023
DTN Closing Livestock Comment 01/30 16:08 Lower Temperatures Usher in New Highs for Live Cattle After bitter cold weather descended into the western Plains Sunday, and are expected to stay much of the week, traders pushed April cattle prices to new highs Monday. Todd Hultman DTN Lead Analyst GENERAL COMMENTS Active futures contracts were higher for live cattle and feeders Monday, supported by the anticipated stress of bitter cold weather this week and by the anticipation of USDA getting ready to report a smaller U.S. cattle herd Tuesday afternoon.