DTN Closing Livestock Comment 11/11 15:35
Cattle Close Higher While Hogs Continue to Skate Lower
Still no cash cattle trade has developed and both bids and asking prices
remain nonexistent.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
Although the live cattle contracts were pressured earlier in the day,
luckily by the day's end the market was able to close higher alongside the
feeder cattle contracts. Still no cash cattle trade has developed. December
corn is down 1 cent per bushel and December soybean meal is up $3.20. The Dow
Jones Industrial Average is up 254.60 points and the NASDAQ is up 400.32 points.
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