DTN Closing Livestock Comment 11/01 15:51
1 Nov 2024
DTN Closing Livestock Comment 11/01 15:51 Supportive Tones Help the Livestock Contracts Close Higher Friday Afternoon The cattle complex endured some significant pressure earlier in the week, but thankfully by Friday's end both the live cattle and feeder cattle markets regained footing and closed mostly higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Friday ended up being a supportive day for the livestock complex as all three of the markets closed mostly higher. A few clean-up sales were noted in the South at $190, which is steady with the rest of the week's trade. December corn is up 3 3/4 cents per bushel and December soybean meal is down $4.20. The Dow Jones Industrial Average is up 288.73 points.