DTN Closing Livestock Comment 08/27 16:21
27 Aug 2024
DTN Closing Livestock Comment 08/27 16:21 Traders Continue to Push Livestock Contracts Higher Through Tuesday's End Heading into Wednesday's market, early asking prices could begin to surface in the cash cattle market although it's likely that trade will be delayed still until Thursday or Friday. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was another prosperous day for the livestock sector as all three of the markets closed higher. So long as traders continue to support the market with vigor, there's a chance that the cash cattle market could trade steady later this week. December corn is up 6 1/4 cents per bushel and December soybean meal is up $4.00. The Dow Jones Industrial Average is up 9.98 points.