DTN Closing Livestock Comment 09/11 15:31
Cattle Rally Through the Week's End
Dressed cattle in the North traded at $350, which is $5.00 to $6.00 higher,
but no Southern cattle have been traded just yet.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
The livestock complex ended the day mixed, with the cattle contracts
rallying energetically through the day's close, while the lean hog complex sank
lower due to a lack of consumer support. The cash cattle market saw dressed
cattle traded at $350, which is $5.00 to $6.00 higher, but no Southern cattle
have traded yet. December corn is down 3 1/2 cents per bushel and December
soybean meal is down $4.10. The Dow Jones Industrial Average is up 509.19
points and the NASDAQ is up 251.32 points.
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