DTN Closing Livestock Comment 11/10 15:32
Cattle Close Fully Higher While Hogs Round Out the Day Mixed
Still no cash cattle trade has developed, and trade won't begin until
Thursday or Friday.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
Thanks to trader support, again Tuesday the cattle contracts secured another
higher close. Meanwhile, the lean hog contracts closed mixed with traders still
hoping that fundamental support would improve. December corn is up 9 3/4 cents
per bushel and December soybean meal is up $5.80. The Dow Jones Industrial
Average is down 157.86 points and NASDAQ is down 187.27 points.
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