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DTN Closing Livestock Comment 06/09 15:33
Following Monday's Regression, Cattle Were Able to Rally on Tuesday
Bids were offered throughout the day in the North, but no cattle have traded
just yet.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
The livestock complex ended the day mixed as traders helped mildly support
the cattle contracts, but weren't willing to lend any support to the hog
contracts. Bids of $403 were offered throughout the day in Nebraska, but no
cattle traded. July corn is up 3/4 cent per bushel and July soybean meal is
steady. The Dow Jones Industrial Average is up 86.10 points and the NASDAQ is
down 250.84 points.
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