Friday, September 30, 2022  
DTN Ag Headlines |  Futures Markets |  Headline News |  Livestock |  Market News |  Portfolio |  Weather |  Options 
United Ag Service
My Website
Admin Login
Printable Page Livestock   Return to Menu - Page 1 2 3 4 5 7 8 10 11 12 13
DTN Closing Livestock Comment 09/29 16:00
   Cattle Find Technical Support

   Heading into Friday's market, the cattle complex is hoping to keep its
morale elevated and to not pressure is newfound support plane.

ShayLe Stewart
DTN Livestock Analyst


   Even though the lean hog contracts drew back ahead of the day's end, the
livestock complex successfully walked away with some wins from Thursday's
market. First, both the beef and pork markets were pleased with the day's
export report. Second, the live cattle and feeder cattle contracts found
technical support. Lastly, the day's Hogs and Pigs report came in supportive.
Hog prices closed lower on the Daily Direct Afternoon Hog Report, down $4.93
with a weighted average of $88.35 on 5,889 head. December corn is down 1 cent
per bushel and December soybean meal is down $5.50. The Dow Jones Industrial
Average is down 458.13 points.
For more free DTN information sent right to your email each morning - click here to sign up for DTN Snapshot.
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN