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DTN Closing Livestock Comment 11/20 15:38

20 Nov 2023
DTN Closing Livestock Comment 11/20 15:38 Cattle Futures End Mostly Higher Monday Monday's cattle market trade bounced higher and lower through the day as traders adjusted, readjusted and adjusted their positions again following the last couple weeks of volatile market shifts and last week's Cattle on Feed report. Rick Kment DTN Analyst GENERAL COMMENTS: Watching the cattle futures markets Monday appeared to be similar to watching the weather in the Midwest, "If you don't like it, wait a little while and it will change." Live cattle and feeder cattle futures swung from strong early gains to moderate to firm losses, and then back firmly higher in most contract months by closing bell.