DTN Closing Livestock Comment 12/26 15:48
26 Dec 2024
DTN Closing Livestock Comment 12/26 15:48 Feeder Cattle Close $3.00 to $4.00 Higher Heading into Friday's market be on the lookout for the week's export report and any developments in the cash cattle market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex was met with tremendous trade support following Christmas day as traders were pleased to see stronger boxed and pork cutout values. No significant trade volumes accumulated throughout the day in the fed cash cattle market -- but it is assumed that prices will again be higher this week when trade does finally break loose. March corn is up 5 1/4 cents per bushel and March soybean meal is up $13.30. The Dow Jones Industrial Average is up 28.77 points.