DTN Closing Livestock Comment 12/05 15:48
5 Dec 2024
DTN Closing Livestock Comment 12/05 15:48 Northern Dressed Cattle Sell for $297, $2.00 Higher Heading into Friday's market, all eyes will be on the cash cattle market as more trade needs to develop ahead of the week's end. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Traders grew impatient waiting for the cash cattle market to trade cattle, but shortly after the day's closing bell, Northern dressed sales began to be reported at $297 which is $2.00 higher than last week's weighted average. Southern live cattle haven't traded yet, but prices are likely to be higher as well. March corn is up 5 cents per bushel and January soybean meal is down $0.80. The Dow Jones Industrial Average is down 248.33 points.