DTN Closing Livestock Comment 08/14 16:01
14 Aug 2024
DTN Closing Livestock Comment 08/14 16:01 The Livestock Complex Charges Higher through Wednesday's Market The cash cattle market still hasn't seen any substantial strings of cattle sold as feedlot mangers are holding out for stronger money this week. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex was well supported throughout all of Wednesday's trade which helped the market accomplish higher closes in all three of the markets. Still no cash cattle trade has developed but packer interest is bound to be better by Thursday. December corn is up 3 1/2 cents per bushel and December soybean meal is up $4.50. The Dow Jones Industrial Average is up 242.75 points.