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DTN Closing Livestock Comment 12/03 16:04

3 Dec 2024
DTN Closing Livestock Comment 12/03 16:04 Cattle Regain Some of Monday's Lost Position Both the live cattle and feeder cattle markets regained some technical footing throughout Tuesday's trade, but it will be imperative for the market's continuation that fundamental support in the form of steady/stronger cash cattle sales develop later this week. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: After trading sharply lower through Monday's end, the cattle contracts were thankful for the opportunity to regain some of their lost footing in Tuesday's market. Asking prices are noted in the cash market at $192 to $194 in the South but are still not established in the North. March corn is down 1/4 cent per bushel and January soybean meal is up $2.50. The Dow Jones Industrial Average is down 76.47 points.
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Tyson to Shut Down Emporia Meat Plant

3 Dec 2024
LINCOLN, Neb. (DTN) -- More than 800 employees will lose their jobs in Emporia, Kansas, as Tyson Foods has announced the planned closure of its value-added marinated proteins and ground beef plant. A spokesperson for the city of Emporia told DTN the decision to close Tyson operations in Emporia was made as part of "the company's business strategy t...

DTN Cattle Close/Trends 12/03 16:25

3 Dec 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/03/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TOD...

USDA Daily Market Rates 12/03

3 Dec 2024
USDA Daily Market Rates 12/03 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: December 03, 2024 The following Market Rates are established to aid in the development of the Posted County Prices (PCPs) which are used by county Farm Services Agency (FSA) Offices for loan redemption purposes. Uses of these rates for other purposes may no...

DTN Early Word Livestock Comments 12/03 06:19

3 Dec 2024
DTN Early Word Livestock Comments 12/03 06:19 Cattle Futures May See Further Liquidation Tuesday Traders decided to liquidate some of their long positions in feeder cattle after the steep increase, resulting in triple-digit losses Monday. Packers may not be as aggressive this week because cattle were purchased ahead. Friday's break in hog futures w...
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