DTN Closing Livestock Comment 10/21 15:27
Traders Push Livestock Contracts Higher through Tuesday's Close
The livestock complex was well supported by traders as all three of the
markets closed higher Tuesday afternoon.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
The livestock complex had a successful day as all three of the markets were
able to close higher. Still no trade has developed in the fed cash cattle
market, but with feedlots hoping to see prices higher yet again, it's not
surprising to see trade being delayed. December corn is down 3 1/2 cents per
bushel and December soybean meal is up $1.90. The Dow Jones Industrial Average
is up 218.16 points and the NASDAQ is down 36.87 points.
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