DTN Closing Livestock Comment 09/05 15:29
5 Sep 2023
DTN Closing Livestock Comment 09/05 15:29 Mixed Tones Take Over the Livestock Complex by Tuesday's End Traders were anxious to support the livestock complex earlier today, but by the day's end, they settled the market more cautiously than aggressively. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mixed day for the livestock complex as early on the contracts traded fully higher, but by Tuesday's close the market's tone was dominated by mixed emotions. No cash cattle trade developed throughout the day, and bids and asking prices are still elusive. Hog prices averaged $78.19 on the Daily Direct Afternoon Hog Report, ranging from $72.00 to $80.00 on 1,794 head. December corn is up 4 1/2 cents per bushel and December soybean meal is down $2.00. The Dow Jones Industrial Average is down 164.40 points.