DTN Closing Livestock Comment 02/21 16:16
21 Feb 2025
DTN Closing Livestock Comment 02/21 16:16 Late-Week Support Helps Livestock Contracts Close Higher By the week's end, the livestock complex was able to gain some trader support after a week of pressure. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock complex found some late-week support, as all three of the markets were able to close mostly higher Friday afternoon. But what was most surprising was that Friday's Feb. 1 Cattle on Feed report came out neutral to somewhat supportive. March corn is down 6 3/4 cents per bushel, and March soybean meal is down $1.20. The Dow Jones Industrial Average is down 748.63 points.