DTN Closing Livestock Comment 06/27 15:58
27 Jun 2024
DTN Closing Livestock Comment 06/27 15:58 What Will This Week's Cash Cattle Market Do? Heading into Friday, the lion's share of the livestock market's attention will be on the cash cattle market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex closed mixed as on one hand traders were tiresome waiting for the cash cattle market to trade, and on the other hand they were anxious about seeing what the afternoon's Quarterly Hogs and Pigs report was going to do. Still no significant cash cattle trade has developed. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $0.39 with a weighted average price of $89.03 on 1,828 head. July corn is down 6 1/4 cents per bushel and December soybean meal is up $0.10. The Dow Jones Industrial Average is up 36.26 points.