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DTN Closing Livestock Comment 11/12 15:50
Traders Help Advance Livestock Contracts Through Tuesday's Close
Heading into Wednesday's market, packer interest should improve and more
cash cattle trade could be noted.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
It was a successful day for the livestock complex as traders remained
committed to supporting the markets through Tuesday's end. A handful of cattle
sold at steady prices with last week's weighted average, but largely the cash
market still hasn't established a trend for this week. December corn is down 1
1/2 cents per bushel and December soybean meal is down $2.20. The Dow Jones
Industrial Average is down 382.15 points.
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