DTN’s Livestock Quick Takes

DTN’s Livestock Quick Takes

OMAHA (DTN) — October live cattle are down $1.70 at $236.625, October feeder cattle are down $2.20 at $359.3, October lean hogs are up $0.68 at $94.5, December corn is down 1/4 cent per bushel and December soybean meal is up $1.00. The Dow Jones Industrial Average is up 209.52 points and NASDAQ is up 74.21 points. Following the light cash cattle trade that developed on Wednesday, no new business has been reported yet Thursday. Asking prices are firm at $244 to $225 in the South but are still not fully established in the North.

Posted 08:35 — October live cattle are up $0.18 at $238.5, October feeder cattle are down $0.43 at $361.075, October lean hogs are up $0.43 at $94.25, December corn is steady and December soybean meal is steady. The Dow Jones Industrial Average is down 86.65 points and NASDAQ is up 58.39 points. The livestock complex is off to a mixed start as the market continues to look for clarity as to which way the next move should be. No bids are on the table in the fed cash cattle market, but packer interest should improve throughout the day.