DTN Closing Livestock Comment 02/28 15:33
28 Feb 2025
DTN Closing Livestock Comment 02/28 15:33 The Scales Tip and Livestock Contracts Close Sharply Lower Friday Afternoon Upon seeing cash cattle prices trade lower, both the live cattle and feeder cattle markets closed significantly lower Friday. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a painful day for the entire livestock complex as all three of the markets closed lower Friday. Some more cash cattle trade developed in the South at $197, which is $2.00 lower than last week's weighted average. May corn is down 11 1/2 cents per bushel and May soybean meal is down $0.00. The Dow Jones Industrial Average is up 492.33 points.