Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
 
 
DTN Closing Livestock Comment 10/28 16:10
   A Weakened Morale Drives the Cattle Contracts Lower

   It was another lower-trending day for the livestock markets as fear and
worry continue to drive traders to send the contracts lower.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   It was another lower-waning day for the livestock complex as the lean hog
market isn't seeing the consumer support it wishes to see, and the cattle
complex remains on edge following the slew of events that have sent prices
crashing lower. No new cash cattle trade developed throughout the day. December
corn is up 3 1/4 cents per bushel and December soybean meal is up $8.30. The
Dow Jones Industrial Average is up 161.78 points and the NASDAQ is up 190.03
points.
DTN offers additional daily information available free through DTN Snapshot – sign up today.
 
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN