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DTN Closing Livestock Comment 09/23 15:48
Cattle Rally Aggressively While Hogs Weaken
Some light cash cattle trade developed in Nebraska at $350 but no other
trade was noted throughout the day.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
The livestock complex ended the day mixed with the cattle contracts able to
secure a strong advancement, but meanwhile the lean hog contracts fell lower.
Some light cash cattle trade was noted in the North at $350 but not enough
cattle have sold to say that an accurate trend has developed yet this week.
December corn is down 7 3/4 cents per bushel and December soybean meal is down
$0.10. The Dow Jones Industrial Average is down 352.10 points and the NASDAQ is
down 308.24 points.
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