DTN Closing Livestock Comment 09/18 15:45
   Cattle Inventory Increased 1% from year ago levels.

   Livestock futures remained generally quiet Friday ahead of the Sept.1 cattle
on feed report. Late day trade pushed nearby live cattle futures slightly
higher, while the rest of the complex eroded during late week selling. For the
Week ending:
From Friday to Friday livestock futures scored the following changes: October
Live cattle off $3.75, December Live cattle off $5.60; September Feeder cattle
off $4.25, October Feeder cattle off $9.00; October Lean hogs off $3.43,
December Lean hogs off $12.98; October Pork cutout off $0.00, December Pork
cutout off $0.00.




ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   Livestock futures eroded through most of the Friday trading session with
cattle and lean hog futures spending most of the session under pressure. Late
day buying support ahead of the cattle on feed report release helped to
stimulate additional near term buying in live cattle futures, but the rest of
the complex remained unphased at the end of the week. Cattle and calves on feed
for the slaughter market in the United States for feedlots with capacity of
1,000 or more head totaled 11.2 million head on Sept. 1, 2026. The inventory
was 1% above Sept. 1, 2025, USDA NASS reported Sept. 18. Hog prices closed
lower on the Daily Direct Afternoon hog report, down $0.84 with a weighted
average of $81.76 on 663 hogs. December corn closed down 3 at $5.275 and
December soybean meal closed down $12.70 at $358.6. The Dow Jones Industrial
Average is down 95.40 at 51,682.64.