DTN Closing Livestock Comment 03/19 15:56
19 Mar 2024
DTN Closing Livestock Comment 03/19 15:56 Traders Hang Back Waiting for Cash Cattle to Trade It was a mostly uneventful day throughout the livestock complex as traders half-heartedly traded the contracts. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was another lackluster day throughout the livestock complex as traders paid the market little attention. Still, no cash cattle trade has developed and trade will likely be delayed until Thursday. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $1.12 with a weighted average price of $80.78 on 9,406 head. May corn is up 3 1/2 cents per bushel and May soybean meal is up $2. The Dow Jones Industrial Average is up 320.33 points.