DTN Closing Livestock Comment 07/17 15:34
17 Jul 2024
DTN Closing Livestock Comment 07/17 15:34 Traders Support the Livestock Complex through Wednesday's Close Heading into Thursday's market, be on the lookout for the day's export report and for any developments in the Northern plains for cash cattle sales. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: All in all, it was another strong day for the livestock complex as all three markets closed higher. Helping boost the cattle market's moral was the fact that Southern live cattle have began to trade for $188 which is steady with last week's weighted average. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $0.03 with a weighted average price of $85.08 on 7,576 head. December corn is up 3 cents per bushel and December soybean meal is up $2.00. The Dow Jones Industrial Average is up 243.60 points.