DTN Closing Livestock Comment 11/28 16:28
28 Nov 2023
DTN Closing Livestock Comment 11/28 16:28 Aggressive Gains Develop Tuesday Sharp upward market shifts developed in cattle futures Tuesday as traders quickly and aggressively regained a portion of the losses over the last week. Rick Kment DTN Analyst GENERAL COMMENTS: Aggressive buyer support flooded the cattle markets Tuesday, breaking away from the sharp and active losses that have developed over the last few trading sessions. The light holiday trade hovering over the market through the Thanksgiving break seems to have brought renewed optimism with increased overall volume as traders get back to work and focus on the upcoming market activity before the next big holiday of Christmas.