DTN Closing Livestock Comment 08/28 15:48
28 Aug 2024
DTN Closing Livestock Comment 08/28 15:48 Live Cattle Soften as Traders Wait to See What Cash Cattle Do this Week Heading into Thursday's market the biggest ticket items for the day will be the morning's export report as well as any developments in the cash market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a mixed day for the livestock complex as traders began to become cautious in the live cattle complex as they're yearning to see what the cash cattle market does. But both the lean hogs and feeder cattle markets were able to close mostly higher. December corn is down 2 cents per bushel and December soybean meal is down $3.90. The Dow Jones Industrial Average is down 159.08 points.