DTN Closing Livestock Comment 09/06 15:20
6 Sep 2024
DTN Closing Livestock Comment 09/06 15:20 Economic Pressures Send Livestock Sector Lower It was a tough day for the livestock complex as all three markets closed lower amid economic pressures. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Friday felt like a kick in the teeth for the livestock complex as the market was sent plunging lower thanks to the weakened economy. Heading into next week, traders will look for fundamental support but will likely remain skeptical as they monitor economic conditions. December corn is down 4 1/2 cents per bushel and December soybean meal is down $2.10. The Dow Jones Industrial Average is down 320.17 points.