DTN Closing Livestock Comment 09/20 15:54
20 Sep 2024
DTN Closing Livestock Comment 09/20 15:54 December Live Cattle Close Above the Market's 100-Day Moving Average Between the gains seen in the futures complex and the $2.00 to $3.00 advance in the cash market -- the cattle complex was well support through Friday's end. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was an exhilarating day for the cattle complex as the contracts rallied through the day's end and cash cattle prices rallied $2.00 to $3.00 higher. And thankfully Friday's Cattle on Feed report will likely be found as mostly neutral for the market. December corn is down 4 cents per bushel and December soybean meal is down $2.40. The Dow Jones Industrial Average is up 38.17 points.