DTN Closing Livestock Comment 10/11 15:41
11 Oct 2024
DTN Closing Livestock Comment 10/11 15:41 Traders Leave the Livestock Complex Mixed Ahead of the Weekend Heading into Monday's trade cattlemen will be looking for the USDA's report on how many cash cattle were sold this past week as it will give an indication as to how aggressive packers will be in the upcoming week. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Friday left the livestock complex with a mixed close as the live cattle market closed lower, feeders closed mostly higher, and the lean hog complex rallied throughout all of Friday's trade. Besides a few more sales in Western Nebraska at $188, but cash cattle market was quiet throughout most of the day. December corn is down 2 3/4 cents per bushel and December soybean meal is down $1.00. The Dow Jones Industrial Average is up 429.32 points.