DTN Closing Livestock Comment 10/30 15:51
30 Oct 2024
DTN Closing Livestock Comment 10/30 15:51 The Board's Weakness Affected this Week's Cash Cattle Trade Heading into Thursday's market be on the lookout for any more developments in the cash cattle market and for the morning's export sales report. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex again rounded out the day in two very different realities as the cattle complex is enduring some technical pressure while the lean hog market continues to rally and thrive. Some cash cattle trade was noted throughout the day where prices traded anywhere from steady to $3.00 lower. December corn is down 2 1/4 cents per bushel and December soybean meal is down $0.20. The Dow Jones Industrial Average is down 91.51 points.