DTN Closing Livestock Comment 10/04 15:42
4 Oct 2024
DTN Closing Livestock Comment 10/04 15:42 Southern Live Cattle Trade $1.00 Higher, Northern Dressed Cattle Trade $2.00 Higher The cattle complex was able to keep its higher trend through Friday's close as thankfully the cash cattle market once again traded higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cattle complex was well supported through Friday's end which largely was because the cash cattle market ended up trading higher again this week which helped keep traders engaged in the sector. Southern live cattle traded at $186 ($1.00 higher than last week's weighted average) and Northern dressed cattle traded at $296 ($2.00 higher than last week's weighted average). December corn is down 3 1/2 cents per bushel and December soybean meal is down $2.00. The Dow Jones Industrial Average is up 341.16 points.