DTN Closing Livestock Comment 06/29 16:06
29 Jun 2022
DTN Closing Livestock Comment 06/29 16:06 Cash Cattle Trade Mostly Steady to $1.00 Lower Heading into Thursday's market, tracking export demand will be the market's first big to-do. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cash cattle market saw trade develop throughout the day at steady to $1.00 lower in the South and mostly $1.00 lower in the North. Heading into Thursday's market, both the cattle and hog markets are hopeful for strong export interest. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $1.40 with a weighted average of $121.18 on 12,187 head. December corn is down 5 1/2 cents per bushel and July soybean meal is up $8.10. The Dow Jones Industrial Average is up 82.32 points.