DTN Livestock Closing: Futures Hold Support

Cattle feeding. Photo: ©Debra L Ferguson

Heading into the weekend, the livestock contract thankfully got to close higher after a week of mixed trade.

GENERAL COMMENTS:

It was a mixed week for the livestock contracts as the lean hog market outperformed what most thought possible, but the live cattle and cash cattle markets traded rather disappointingly. Heading into next week’s trade, the livestock enthusiasts will be intensely watching both markets.

 

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