DTN Closing Livestock Comment 09/05 16:01
5 Sep 2024
DTN Closing Livestock Comment 09/05 16:01 External Market Pressures Send Livestock Complex Trading Lower Heading into Friday's market be ready for the morning's export report. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Thursday ended up being a "swing and a miss" for the livestock complex as commodity pressures sent the livestock contracts trending lower. Some light cash cattle trade has now been reported in both regions where Southern live cattle are trading at $181 and Northern cattle are trading at $288 -- both of which are $2.00 lower than last week's weighted average. December corn is down 2 cents per bushel and December soybean meal is down $2.80. The Dow Jones Industrial Average is down 219.22 points.