DTN Closing Livestock Comment 10/14 20:56
14 Oct 2024
DTN Closing Livestock Comment 10/14 20:56 Lackluster Tones Lead Livestock Complex to Mixed Close It was an uneventful Monday for the livestock complex as the cattle contracts closed slightly higher while the hog contracts closed lower. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Monday was a lackluster day for the livestock complex as the cattle contracts closed slightly higher but the lean hog contracts rounded out the day lower as concerns about demand linger. Again, this week traders will be carefully watching the market's fundamentals as they're going to need to see stable support in order to maintain these price points. December corn is down 7 1/2 cents per bushel and December soybean meal is up $0.20. The Dow Jones Industrial Average is up 201.36 points.