DTN Closing Livestock Comment 01/29 15:54
29 Jan 2025
DTN Closing Livestock Comment 01/29 15:54 Traders Let Livestock Contracts Drift Lower Wednesday Afternoon Packer demand should improve on Thursday, and it's expected cash cattle prices will trade steady if not higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex closed mostly lower Wednesday afternoon as traders weren't as bold as they were earlier in the week. No substantial cash cattle trade developed throughout the day, but packer demand should improve on Thursday. March corn is up 11 3/4 cents per bushel and March soybean meal is up $8.20. The Dow Jones Industrial Average is down 136.83 points.