DTN Closing Livestock Comment 10/16 15:55
16 Oct 2024
DTN Closing Livestock Comment 10/16 15:55 Cattle Close Mostly Lower; Hogs Rally Through Wednesday's Close Heading into Thursday's market, packer interest should improve throughout the cash cattle complex. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Both the live cattle and feeder cattle contracts remained mostly lower throughout Wednesday's trade, but the lean hog complex was able to rally throughout the day. No cash cattle trade was noted but packer interest could improve on Thursday. The week's export report will be released on Friday. December corn is up 3 1/2 cents per bushel and December soybean meal is up $1.90. The Dow Jones Industrial Average is up 337.28 points.