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DTN Closing Livestock Comment 05/06 15:59

6 May 2024

DTN Closing Livestock Comment 05/06 15:59 Boxed Beef Prices Close Higher; Livestock Contracts Close Lower The livestock complex rounded out the day Monday on a weaker note. However, seeing boxed beef prices close higher left cattlemen with the hope beef demand is improving. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex closed lower as traders weren't overly eager to support the livestock sector. However, seeing the rally in the corn market, traders withdrew from the sector. The most interesting development today was the higher close in boxed beef prices.

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