DTN Closing Livestock Comment 07/05 15:44
5 Jul 2024
DTN Closing Livestock Comment 07/05 15:44 Northern Feedlots Hold Out for More Money It was a typical, quiet lackadaisical day for the livestock complex following a major holiday. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mostly quiet day for the livestock complex with some cash cattle trade in the South developing for $190, which is steady with last week's market but at the time of this writing, still no Northern dressed trade had developed. Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $1.52 with a weighted average price of $89.45 on 2,459 head. December corn is up 4 1/2 cents per bushel and December soybean meal is up $3.30. The Dow Jones Industrial Average is up 67.87 points.