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DTN Closing Livestock Comment 12/02 15:16
   Cattle Leap Higher as Traders Build in Bullish Support for 2026

   The cattle complex traded notably higher as traders are recognizing the
positive outlook for the first quarter of 2026.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   It was a wild rallying day for the cattle complex as both the live cattle
and feeder cattle markets stormed higher, as traders seem to be recognizing
that fed cattle supplies in the first months of 2026 are going to be thin.
Still no cash cattle trade has developed, but it's assumed that prices will be
higher this week. March corn is up 5 cents per bushel and January soybean meal
is down $3.00. The Dow Jones Industrial Average is up 276.75 points and the
NASDAQ is up 162.81 points.