DTN Closing Livestock Comment 02/06 15:35
6 Feb 2024
DTN Closing Livestock Comment 02/06 15:35 Cattle Markets Grab for More Heading into Wednesday's market, packer interest could improve and bids could be offered. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was an exhilarating day for the cattle complex as both the live cattle and feeder cattle markets closed higher. Still, no cash cattle trade developed but Tuesday's sharply higher close could lead to higher prices when cattle do trade. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $4.58 with a weighted average price of $65.45 on 2,244 head. March corn is down 4 cents per bushel and March soybean meal is down $2.30. The Dow Jones Industrial Average is up 141.24 points.