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DTN Closing Livestock Comment 08/15 15:56

15 Aug 2024

DTN Closing Livestock Comment 08/15 15:56 Cattle Flop by Thursday's Close Heading into Friday's trade, be on the look out for any developments in the cash cattle market as very little trade has developed thus far. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Traders grew impatient in waiting for the cash cattle market to trade and consequently both the live cattle and feeder cattle markets closed lower by Thursday's end. Still no substantial cash cattle trade has developed as feedlot managers are holding out for better money. December corn is down 3 3/4 cents per bushel and December soybean meal is up $4.00. The Dow Jones Industrial Average is up 554.67 points.

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