DTN Closing Livestock Comment 01/24 15:46
24 Jan 2024
DTN Closing Livestock Comment 01/24 15:46 Traders Continue to Push Livestock Contracts Heading into Thursday's trade, be on the lookout for the morning's export report and any more additional cash cattle sales. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was another powerful day for the livestock complex as traders pushed all three of the livestock markets higher through closing. A few cattle traded in the South for $174, but the cash cattle market still needs to trade more before the week's end. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $5.76 with a weighted average price of $53.10 on 3,665 head. March corn is up 5 3/4 cents per bushel and March soybean meal is up $2.20. The Dow Jones Industrial Average is down 98.93 points.