DTN Closing Livestock Comment 02/24 15:35
24 Feb 2025
DTN Closing Livestock Comment 02/24 15:35 Cattle Find Some Technical Support Following Friday's Cattle on Feed Report Heading into Tuesday's market, cattlemen are hopeful that the positive turn in the cattle contracts will remain throughout the rest of the week. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cattle complex was able to trade higher throughout Monday's market as traders were relieved to see some support stem from Friday's Cattle on Feed report. New showlists appear to be lower in all major feeding states. March corn is down 8 3/4 cents per bushel and May soybean meal is down $3.00. The Dow Jones Industrial Average is up 96.52 points.