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DTN Closing Livestock Comment 12/06 15:23

6 Dec 2024
DTN Closing Livestock Comment 12/06 15:23 Cash Cattle Traded Steady to $2 Higher Again This Week Thankfully the livestock complex closed Friday's market mostly higher as fundamental support finally surfaced and gave traders what they needed. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex rounded out the day higher thanks to the added support of stronger cash cattle prices and better demand for pork cuts. Heading into next week's market, the cash cattle complex could trade higher again as packers weren't overly aggressive in this week's market. March corn is up 5 cents per bushel and January soybean meal is down $3.70. The Dow Jones Industrial Average is down 123.19 points
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