DTN Closing Livestock Comment 02/25 15:53
25 Feb 2025
DTN Closing Livestock Comment 02/25 15:53 Feeders Continue to Push the Cattle Complex Higher The feeder cattle complex has been the driver of the cattle market's recent change in direction. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was another positive day for the cattle complex as both the live cattle and feeder cattle contracts closed higher. It would appear as though the market is indeed committing to trading higher following the low established last week. No cash cattle trade has developed yet, but packer interest could improve on Wednesday. May corn is down 2 3/4 cents per bushel and May soybean meal is up $2.10. The Dow Jones Industrial Average is up 159.95 points.