DTN Closing Livestock Comment 06/13 15:30
13 Jun 2024
DTN Closing Livestock Comment 06/13 15:30 Cash Cattle Prices Charge $1.00 to $4.00 Higher Feedlots scored once again as the cash cattle market jumped $1.00 to $4.00 higher this afternoon! ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The day's trade may have been slow early on, but once the cash cattle market started to trade, traders turned the live cattle contracts higher to celebrate the good news. Meanwhile the lean hog and feeder cattle markets still both closed lower. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $0.72 with a weighed average price of $86.87 on 1,529 head. July corn is up 4 1/4 cents per bushel and July soybean meal is up $8.10. The Dow Jones Industrial Average is down 83.83 points.