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DTN Closing Livestock Comment 05/08 15:39

8 May 2024

DTN Closing Livestock Comment 05/08 15:39 Boxed Beef Prices Dip Lower by Wednesday's End Heading into Thursday's market, all eyes will be on the morning's export report, any developments in the cash cattle market and boxed beef prices. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The lean hog complex rounded out the day higher as pork cutout values found support in the afternoon, but unfortunately, the same support didn't seep over into the cattle complex. Boxed beef prices closed lower and no cash cattle trade developed, so traders had little support to keep the market trading steady or somewhat higher.

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