DTN Closing Livestock Comment 02/11 15:46
11 Feb 2025
DTN Closing Livestock Comment 02/11 15:46 Pressure Resumes and Leaves Cattle Substantially Lower Packer interest could improve on Wednesday as a few cattle traded in the Southern plains throughout Tuesday's trade. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a tumultuous day for the cattle contracts as pressure sent both the live cattle and feeder cattle contracts plummeting lower, but the lean hog complex found support and was able to take out long-term resistance levels. Packer interest should improve in the cash market on Wednesday.