DTN Closing Livestock Comment 02/12 16:00
12 Feb 2025
DTN Closing Livestock Comment 02/12 16:00 Traders Offer Livestock Complex Support Asking prices are noted in the South at $204-plus but are still not established in the North. But packer demand should improve on Thursday. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Thankfully it was a relatively supportive day for the livestock complex as most of the contracts closed higher in the three markets. Bids were offered throughout the day in the cash cattle market, but largely feedlot managers are holding out in hopes that packer interest will improve. March corn is up 6 1/4 cents per bushel and March soybean meal is down $2.50. The Dow Jones Industrial Average is down 225.09 points.