DTN Closing Livestock Comment 12/19 15:23
19 Dec 2024
DTN Closing Livestock Comment 12/19 15:23 Cash Cattle Trade Steady to $2.00 Higher Throughout the afternoon Southern live cattle traded at $191 which is fully steady with last week's weighted average and Northern dressed cattle traded for $305 which is $2.00 higher than last week's weighted average. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a lousy day throughout the futures complex for the livestock contracts, but the fed cash cattle market did manage to trade cattle for steady to $2.00 higher. Please note that on Friday afternoon, the monthly Cattle on Feed report is set to be released. March corn is up 3 1/2 cents per bushel and March soybean meal is up $4.90. The Dow Jones Industrial Average is up 32.38 points.