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DTN Closing Livestock Comment 05/15 15:39

15 May 2024

DTN Closing Livestock Comment 05/15 15:39 Beef Demand Keeps Cattle Contracts Higher The market is prepared for Thursday's export report to be released bright and early with hopes that packer interest will come to fruition for feedlots. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cattle contracts again rallied throughout the day as traders were well supported by strong beef demand. The cash cattle market hasn't seen any trade develop and trade is likely delayed until late Thursday or Friday as feedlots will probably price their showlists higher.

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