DTN Closing Livestock Comment 11/29 16:03
29 Nov 2023
DTN Closing Livestock Comment 11/29 16:03 Livestock Futures Continue Higher Moderate to firm gains developed in all livestock trade Wednesday, as spillover buying from Tuesday's market rally helped to solidify the upward movement in cattle and hog futures this week. Rick Kment DTN Analyst GENERAL COMMENTS: Even though cattle prices pulled back from session highs Wednesday, and didn't show the market optimism seen Tuesday, the focus on digging the market out of the price hole seen over the last week has helped to bring additional buyer support to all markets, which previously was content waiting on the sidelines.