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DTN Closing Livestock Comment 08/06 15:55

6 Aug 2021
DTN Closing Livestock Comment 08/06 15:55 Limited Cash Cattle Trade Limits Support Friday Afternoon Cash cattle markets have remained quiet Thursday and Friday. Most likely, needed business is done for the week. Both sides appear to be willing to hold out until next week, potentially sparking renewed interest early next week. Futures bounced higher in late-day trade, offsetting morning pressure. By Rick Kment, DTN Contributing Analyst GENERAL COMMENTS: From Friday-to-Friday livestock futures scored the following changes: Aug live cattle up $0.92, Oct live cattle up $0.67, Aug feeder cattle up $1.67, Sep feeder cattle up $1.53, Aug lean hogs up $2.55 and Oct lean hogs off $0.42.