DTN Closing Livestock Comment 08/31 15:46
31 Aug 2023
DTN Closing Livestock Comment 08/31 15:46 Cash Cattle Prices Trade Steady to $3.00 Lower Around the noon hour, cattle began to trade in the North and then shortly after Southern live cattle began to trade as well. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cattle complex was relieved to see trade develop and for prices to remain steady to $3.00 lower across both regions. Meanwhile, the lean hog complex closed lower as traders were exhausted after trading the market higher just Wednesday. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $0.42 with a weighted average price of $80.13 on 1,688 head. December corn is down 2 1/2 cents per bushel and December soybean meal is down $6.20. The Dow Jones Industrial Average is down 155.05 points.