DTN Closing Livestock Comment 01/08 15:51
8 Jan 2025
DTN Closing Livestock Comment 01/08 15:51 Traders Anxious to See What Pans Out in this Week's Cash Cattle Market Packer interest could arise on Thursday, but it wouldn't be surprising to see the vast majority of this week's cash cattle market's trade delayed until Friday. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex closed mostly lower as the support that was helping push the lean hog complex higher dwindled throughout the day and the cattle complex grew weary of supporting the contracts anymore ahead of seeing what develops in this week's cash market. Asking prices are noted at $200 in the South but otherwise, the market is silent. March corn is down 4 cents per bushel and March soybean meal is down $2.70. The Dow Jones Industrial Average is up 106.84 points.