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DTN Closing Livestock Comment 01/29 15:54

29 Jan 2024

DTN Closing Livestock Comment 01/29 15:54 Cattle Back Peddles Monday Ahead of seeing what Wednesday's Cattle Inventory report shares, traders grow leery of overly supporting cattle contracts until that data is known. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex closed mixed through Monday's end as cattle contracts backpedaled and closed lower while hog contracts kept their gains through the day's end. Heading into Tuesday's market, the cattle complex may remain sheepish as traders patiently wait to see what Wednesday's Cattle Inventory report says.

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