DTN Closing Livestock Comment 06/21 16:03
21 Jun 2024
DTN Closing Livestock Comment 06/21 16:03 Cash Cattle Trade another $3.00 to $6.00 Higher Feedlots again ran cash cattle prices higher as Northern sales are beginning to be reported at $310 to $312, and Southern live cattle are selling at $189 to $191. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Feedlot managers are again reaping the benefits of sticking to their guns and waiting until late in the week to market their pens as prices traded anywhere from $3.00 to $6.00 higher again this week. Hog prices closed lower on the Daily Direct Afternoon, down $1.17 with a weighted average price of $86.04 on 3,292 head. July corn is down 4 3/4 cents per bushel and July soybean meal is up $4.20. The Dow Jones Industrial Average is up 15.57 points.