DTN Closing Livestock Comment 11/12 16:10
12 Nov 2020
DTN Closing Livestock Comment 11/12 16:10 Feedlots Take the Reins of the Cash Cattle Market Thursday's trade wasn't overly eventful until the day's cash cattle market jumped significantly higher. ShayLe Stewart DTN Livestock Analyst Thursday's futures market traded in a lackluster fashion, but the market that caught the most attention is this week's developing cash cattle trade! With Veterans Day falling in the middle of the week, Thursday's weekly export data will be shared Friday. Hog prices closed lower on the National Direct Afternoon Hog Report, down $1.02 with a weighted average of $60.17 on 7,224 head. December corn is down 9 cents per bushel and December soybean meal is down $4.60. The Dow Jones Industrial Average is down 317.46 points and NASDAQ is down 76.84 points.