DTN Closing Livestock Comment 10/04 15:33
4 Oct 2023
DTN Closing Livestock Comment 10/04 15:33 Traders Cautiously Dipped Their Toe in Wednesday's Livestock Waters The livestock complex saw slightly better interest from traders throughout the day, but heading into the second half of the week, more cash cattle trade will need to develop. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Following Tuesday's steep sell-off, the livestock complex saw a little better interest through Wednesday's market although traders remain on-high alert with the political and economic state of our country. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $0.53 with a weighted average price of $71.77 on 6,463 head. December corn is down 1 1/2 cents per bushel and December soybean meal is up $0.30. The Dow Jones Industrial Average is up 127.17 points.