DTN Closing Livestock Comment 01/06 15:57
6 Jan 2025
DTN Closing Livestock Comment 01/06 15:57 Higher Tones Summarize Livestock Complex at Monday's Close The strong bullish trajectory continues to be the theme of the cattle complex again this week which is helping keep the contracts elevated and trading higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex closed mostly higher Monday afternoon as the cattle contracts continued to rally throughout the day and the lean hog contracts seem to have found some technical footing after being challenged over the past week. No bids or asking prices have surfaced in the cash market. March corn is up 7 cents per bushel and March soybean meal is down $1.30. The Dow Jones Industrial Average is down 25.57 points.