DTN Closing Livestock Comment 11/15 16:01
15 Nov 2024
DTN Closing Livestock Comment 11/15 16:01 Extra Trader Interest Helps Drive Cattle Higher Ahead of the Weekend Heading into Monday's trade, the cattle complex is hopeful that fundamental support will strengthen but that traders will remain eager to support the contracts. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex rounded out the week mixed as the cattle contracts saw extra trader interest flow into their markets, but the lean hog complex wasn't as fortunate. The cash cattle market didn't see much interest, as packers did most of their buying earlier in the week. December corn is up 5 cents per bushel, and December soybean meal is up $2.60. The Dow Jones Industrial Average is down 305.87 points.