DTN Closing Livestock Comment 10/24 16:16
24 Oct 2024
DTN Closing Livestock Comment 10/24 16:16 Cash Cattle Prices Jump $2.00 Higher Southern live cattle have traded for $190 and northern dressed cattle have traded for $298 -- both of which are $2.00 higher than last week's weighted average. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a thrilling day for the livestock complex as the cash cattle market was able to add another $2.00 to its market and both the live cattle and feeder cattle contracts closed higher. Please note that on Friday the month's Cattle on Feed report will be released. December corn is up 2 1/2 cents per bushel and December soybean meal is down $4.60. The Dow Jones Industrial Average is down 140.59 points.