DTN Closing Livestock Comment 12/04 15:45
4 Dec 2024
DTN Closing Livestock Comment 12/04 15:45 Wednesday Mostly Uneventful as Livestock Contracts Closed Lower It was a lackadaisical day for the livestock complex as traders let the contracts drift lower through Wednesday's end as fundamental support didn't develop as they had hoped for. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a quiet, uneventful day for the livestock complex as the contracts all drifted lower through Wednesday's close, and still no cash cattle trade has developed. Packer interest should improve on Thursday. March corn is down 2 1/4 cents per bushel and January soybean meal is up $1.50. The Dow Jones Industrial Average is up 308.51 points.