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  Thursday, July 25, 2024   
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DTN Closing Livestock Comment 07/24 15:41
   Lean Hog Prices Gain on Higher Cutouts; Cattle Prices Mixed

   October lean hogs posted a seventh consecutive higher close Wednesday,
helped by the highest pork cutout values in nearly a year. October live cattle
recovered from early selling to end a little higher, while August feeders
finished lower on the day.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   October lean hogs closed at a new one-month high Wednesday, helped by the
highest pork cutout values since August 2023. October live cattle started the
day lower, but finished slightly higher, waiting for cash trade to develop.
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