DTN Closing Livestock Comment 07/25 16:03
25 Jul 2024
DTN Closing Livestock Comment 07/25 16:03 Southern Live Cattle Trade for $190, $2.00 Higher than Last Week The South saw some cattle trade at $190, which is $2.00 higher than last week's weighted average, but still no dressed trade has developed. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was an exciting day for the cattle complex as both the live cattle and feeder cattle markets traded higher thanks to the added support of the cash cattle market, and upon seeing boxed beef prices print higher. Some light trade has been reported in the South at $190 which is $2.00 higher than last week's weighted average, but still no dressed trade has developed. December corn is up 2 3/4 cents per bushel and December soybean meal is up $8.60. The Dow Jones Industrial Average is up 81.20 points.