DTN Closing Livestock Comment 03/06 15:56
6 Mar 2024
DTN Closing Livestock Comment 03/06 15:56 Cattle Contracts Still Stuck in Holding Pattern On Thursday, be prepared to look at export data and be on the lookout for better interest in the cash market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was another lackadaisical day for the livestock complex as traders paid little attention to contracts and the cash cattle market has yet to really trade. On Thursday, cash cattle interest should improve and export will be a highly sought item as well. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $1.59 with a weighted average price of $76.22 on 7,667 head. May corn is up 2 1/2 cents per bushel and May soybean meal is up $0.50. The Dow Jones Industrial Average is up 75.86 points.