DTN Closing Livestock Comment 09/25 15:22
25 Sep 2023
DTN Closing Livestock Comment 09/25 15:22 Hogs See Support While Cattle Remain Hesitant Heading into Tuesday's market cattle producers are hoping that the live cattle and feeder cattle contracts muster more support. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mixed day for the livestock complex as cattle traders remained skeptical through Monday's close, but the lean hog complex was able to see some mild progress made. No cash cattle trade developed and it's likely that the week's volume is delayed until Wednesday or later again this week. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $0.05 with a weighted average price of $77.54 on 3,770 head. December corn is up 4 cents per bushel and December soybean meal is up $4.00. The Dow Jones Industrial Average is up 43.04 points.