DTN Closing Livestock Comment 06/18 15:57
Traders Pull the Livestock Contracts Higher Ahead of the Day's Close
There was a handful of cattle traded in the North at $376, which is $3.00 to
$4.00 lower than last week's weighted average.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
The livestock complex bounced around throughout Wednesday's trade but was
able to close the day on a mostly higher note. A light movement of cattle was
traded in the North at $376, which is $3.00 to $4.00 lower than last week's
weighted average. August lean hogs are up $0.20 at $112.00, July corn is up 2
cents per bushel and July soybean meal is down $0.20. The Dow Jones Industrial
Average is down 44.14 points and the NASDAQ is up 25.18 points.
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