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DTN Closing Livestock Comment 11/06 16:05

6 Nov 2024

DTN Closing Livestock Comment 11/06 16:05 Traders Support the Livestock Contracts Through Wednesday's End Heading into Thursday's market, be on the lookout for the week's trade data and for any developments in the cash cattle market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a rallying day for the livestock complex as by Wednesday's end all three of the market closed higher thanks to the added support of the equity market's strength. No cash cattle sales have been noted yet, but packer demand should improve on Thursday. December corn is up 7 3/4 cents per bushel and December soybean meal is down $1.10. The Dow Jones Industrial Average is up 1,508.05 points.

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