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DTN Closing Livestock Comment 11/17 16:02

17 Nov 2023
DTN Closing Livestock Comment 11/17 16:02 Feeder Cattle Placements in October Increased 4% The focus all week in cattle trade was the Cattle on Feed Report release Friday afternoon. Cattle placements in October increased 4% from last year, but well below average estimates. Rick Kment DTN Analyst GENERAL COMMENTS: From Friday-to-Friday, livestock futures scored the following changes: December Live cattle up $1.57, February Live cattle up $2.15; January Feeder cattle off $1.22, March Feeder cattle up $2.35; December Lean hogs off $0.92, December Lean hogs off $0.92; December Pork cutout off $0.60, December Pork cutout off $0.60.