DTN Closing Livestock Comment 09/25 15:39
25 Sep 2024
DTN Closing Livestock Comment 09/25 15:39 Traders Pull Away from the Hog Complex Ahead of Thursday's Quarterly Hogs and Pigs Report Thursday will be a loaded day for the livestock complex as traders will look for the week's export report, the USDA Quarterly Hogs and Pigs report, and will continue to monitor the cash cattle market for any developments. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex closed mixed Wednesday afternoon as the feeder cattle complex closed higher without much fight, but the live cattle and lean hog markets faced a little more hesitancy from traders. No cash cattle trade has developed but asking prices are noted in the South at $185 and packer interest will likely increase on Thursday. December corn is up 3 1/2 cents per bushel and December soybean meal is up $2.30. The Dow Jones Industrial Average is down 293.47 points.