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DTN Closing Livestock Comment 01/09 15:56

9 Jan 2025
DTN Closing Livestock Comment 01/09 15:56 Fed Cash Cattle Prices Trade $4.00 to $5.00 Higher Yet Again Heading into Friday's market look for the morning's export report and for any more developments in the cash cattle market. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a tremendous day for the livestock complex as all three markets were able to close higher and the cash cattle market traded $4.00 to $5.00 higher on top of last week's record-breaking prices. Southern live cattle traded for $200 (up $4.00) and Northern dressed cattle traded for $320 (up $5.00). March corn is up 2 cents per bushel and March soybean meal is down $1.50. The Dow Jones Industrial Average is up 106.84 points.