DTN Closing Livestock Comment 01/08 16:00
8 Jan 2024
DTN Closing Livestock Comment 01/08 16:00 Live Cattle Futures Erode Monday Late-day pressure slowly but steadily moved into the live cattle futures complex Monday afternoon. Despite firm upward momentum in feeder cattle trade and early live cattle gains, buyer support eroded at the end of the trading session. Rick Kment DTN Analyst GENERAL COMMENTS: Livestock futures have traded in a moderately mixed direction through the e Monday trading session. The movement of outside markets has had a direct impact on the overall movement and activity in most livestock futures Monday, although with some outside markets making a direct shift from significant losses to active gains.