DTN Closing Livestock Comment 08/11 16:04
11 Aug 2023
DTN Closing Livestock Comment 08/11 16:04 Feedlots Unwilling to Budge Friday The cash cattle market's battle drug into the final hours of Friday's trade, and at this point, we still haven't seen Southern cattle trade. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mixed end to the livestock contracts by Friday's close, as the cattle contracts closed lower but hogs rounded out the day higher. At the time of this writing, the cash cattle market had seen a handful of cattle traded in the North for steady to $3 higher, but the South still hadn't traded cattle. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $0.03 with a weighted average price of $95.95 on 4,025 head. December corn is down 9 cents per bushel, and December soybean meal is down $5. The Dow Jones Industrial Average is up 115.63 points.