DTN Closing Livestock Comment 02/28 15:51
28 Feb 2024
DTN Closing Livestock Comment 02/28 15:51 Cattle Close Slightly Lower; Southern Cattle Sell Steady Some Southern live cattle have traded at $183, which is steady with last week's weighted average. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a slow and lethargic day for the cattle contracts as little excitement developed. Some cash cattle sales were reported in the South at $183, which is steady with last week's weighted average. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $1.77 with a weighted average price of $74.47 on 1,668 head. May corn is up 5 cents per bushel and May soybean meal is up $2.60. The Dow Jones Industrial Average is down 23.39 points.