DTN Closing Livestock Comment 12/23 15:31
23 Dec 2024
DTN Closing Livestock Comment 12/23 15:31 Feeder Cattle Market Powers On With tomorrow being Christmas Eve, the contracts won't likely see much trader support as most market participants will be enjoying the holiday festivities. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Besides the feeder cattle market's decision to power through the day despite it being a Monday on a holiday-shortened week, both the live cattle and lean hog markets closed lower. The markets will be open tomorrow until 1:05 pm Eastern, so DTN will provide regular commentary, but no USDA reports will be available. March corn is up 1 1/2 cents per bushel and March soybean meal is down $4.20. The Dow Jones Industrial Average is up 66.69 points.