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DTN Closing Livestock Comment 11/10 15:56

10 Nov 2023

DTN Closing Livestock Comment 11/10 15:56 Markets Stabilized Friday Following Bearish Weak Limited buyer support trickled into livestock trade Friday, attempting to bring some sense of stability to a tumbling cattle market. Despite moderate support midday, live cattle contracts closed mixed with continued concerns of longer-term support. It is unlikely that the weekend will bring much clarity to livestock markets. Rick Kment DTN Analyst GENERAL COMMENTS: From Friday to Friday for the week ending Nov. 10, livestock futures scored the following changes: December Live cattle off $9.70, February Live cattle off $10.58; November Feeder cattle off $10.88, January Feeder cattle off $13.33; December Lean hogs up $0.15, December Lean hogs up $0.15; December Pork cutout up $1.95, December Pork cutout up $1.95.

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