DTN Closing Livestock Comment 10/28 15:48
28 Oct 2024
DTN Closing Livestock Comment 10/28 15:48 Monday Pushes the Livestock Complex Higher Traders remain eager to support the livestock complex and so long as consumer support remains ample, the contracts stand a good chance of continuing to trade steady/somewhat higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It ended up being a supportive day for the livestock complex as all three of the markets closed higher. Once again, this week traders will closely monitor consumer demand as that will play a pivotal role in the market's direction. December corn is down 4 1/2 cents per bushel and December soybean meal is down $1.00. The Dow Jones Industrial Average is up 273.17 points.