DTN Closing Livestock Comment 07/26 15:38
26 Jul 2024
DTN Closing Livestock Comment 07/26 15:38 Northern Cattle Sell for $312 -- $2.00 Higher Heading into next week's market the cattle complex will be pressured to either continue with its upward trend or bow down to the dog days of summer and slip lower. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a powerful day for the cattle complex as boxed beef prices rounded out the day higher and Northern trade finally cut loose and was marked at mostly $312 which is $2.00 higher than last week's weighted average. December corn is down 10 3/4 cents per bushel and December soybean meal is down $4.50. The Dow Jones Industrial Average is up 654.27 points.