DTN Closing Livestock Comment 12/13 16:05
13 Dec 2024
DTN Closing Livestock Comment 12/13 16:05 Traders Leave Livestock Complex Mixed Friday Afternoon Heading into next week's market all eyes will again be on the fed cash cattle market as prices are historically high. With feedlot manger's holding the market's leverage it's hard to tell just how high prices could go. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: By Friday's end, the livestock complex closed mixed as traders felt it safest to let next week's market hash out more of the market's direction. And no new sales were reported in the cash cattle market. March corn is down 1 1/2 cents per bushel and January soybean meal is down $3.30. The Dow Jones Industrial Average is down 86.06 points.