DTN Closing Livestock Comment 09/08 15:51
8 Sep 2023
DTN Closing Livestock Comment 09/08 15:51 Cattle Keep on Trucking Through Friday's End Both the live cattle and feeder cattle markets were able to close mostly higher through Friday's end, which could spark continued support early next week. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The lean hog complex didn't see the support that the cattle contracts did through Friday's end but, all in all, Friday's market was rather supportive. Finally, cash cattle trade was noted in the South for $180 which is $1.00 to $2.00 higher than last week's weighted average. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $1.12 with a weighted average price of $79.14 on 2,962 head. December corn is down 2 1/2 cents per bushel and December soybean meal is up $6.10. The Dow Jones Industrial Average is up 62.44 points.