DTN Closing Livestock Comment 10/09 15:36
9 Oct 2024
DTN Closing Livestock Comment 10/09 15:36 Traders Ease Their Support of Livestock Contracts Heading into Thursday's market be on the lookout for export data and any developments in the cash cattle market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a disappointing day for the livestock complex as traders weren't as aggressive in their support of the market as all three of the markets closed lower. Still no cash cattle trade has developed, and the week's trade could be delayed again until Friday as feedlot managers aim to see prices advance again this week. December corn is up 1/4 cent per bushel and December soybean meal is down $1.80. The Dow Jones Industrial Average is up 431.63 points.