DTN Closing Livestock Comment 10/08 16:09
8 Oct 2024
DTN Closing Livestock Comment 10/08 16:09 Traders Continue to Push Livestock Contracts Higher Still no cash cattle trade has developed, but asking prices are now noted in the South at $188. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was another tremendous day for the livestock complex as all three markets closed higher and spot November feeder cattle contract was even able to close above its 100-day moving average. Still no cash cattle trade has developed but asking prices are noted in the South at $188. December corn is down 5 1/4 cents per bushel and December soybean meal is down $1.00. The Dow Jones Industrial Average is up 126.13 points.