DTN Closing Livestock Comment 09/13 16:20
13 Sep 2024
DTN Closing Livestock Comment 09/13 16:20 Livestock Complex Rounds Out the Week on Slightly Lower Tone Traders weren't overly interested in supporting the livestock contracts through Friday's end, but it was positive to see that dressed cattle were marked at $288 this week which is steady with last week's weighted average. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Friday's market wasn't overly eventful as trades were somewhat checked out early for the week and mostly let the contracts either chop sideways or drift lower ahead of Friday's close. It was encouraging; however, to see that Northern cattle traded at mostly $288 which is fully steady with last week's weighted average. December corn is up 7 1/4 cents per bushel and December soybean meal is down $0.30. The Dow Jones Industrial Average is up 310.99 points.