DTN Closing Livestock Comment 08/26 15:50
26 Aug 2024
DTN Closing Livestock Comment 08/26 15:50 Cattle Remain Well Supported through Monday's End Heading into Tuesday's market the cattle complex is hoping that traders' support will remain as strong as it was through Monday's trade. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a pleasantly surprising day for the cattle complex as both the live cattle and feeder cattle markets closed higher thanks to ample trader support. Meanwhile, the lean hog complex closed mostly lower as traders want to see what the week's pork demand amounts to. December corn is down 4 1/2 cents per bushel and December soybean meal is up $3.70. The Dow Jones Industrial Average is up 65.44 points.