DTN Closing Livestock Comment 09/04 16:00
4 Sep 2024
DTN Closing Livestock Comment 09/04 16:00 Traders Let the Livestock Complex Drift through Wednesday's End Heading into Thursday's market traders will be closing eyeing pork and beef demand, as well as any developments in the cash market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a dismal day for the livestock complex as traders didn't see the fundamental support they desired and consequently the markets closed mixed to somewhat lower. Still no sizeable trades have surfaced in the cash cattle market, but packer interest should improve on Thursday. December corn is up 3 1/2 cents per bushel and December soybean meal is up $8.50. The Dow Jones Industrial Average is up 38.04 points.