DTN Closing Livestock Comment 12/11 15:44
11 Dec 2024
DTN Closing Livestock Comment 12/11 15:44 Northern Cattle Trade for $300 -- $3.00 Higher Than Last Week It was an amazing day for the cattle complex as traders poured plenty of support into the marketplace and Northern cash cattle traded $3.00 higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was an incredible day for both the live cattle and feeder cattle markets as traders showed the contracts ample support, and helped drive the markets substantially higher. Some Northern trade was noted in Nebraska at $300 which is $3.00 higher than last week's weighted average. March corn is down 3/4 cent per bushel and January soybean meal is down $0.90. The Dow Jones Industrial Average is down 99.27 points.