DTN Closing Livestock Comment 03/12 15:46
Mixed Tones Keep with the Livestock Complex through Thursday's End
The livestock complex closed mixed Thursday afternoon as traders yearn to
push the market higher but would ideally like to see better fundamental support.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
The livestock market closed mixed as it continues to yearn for better
fundamental support. Some more cash cattle trade developed, but prices were
steady with Wednesday's trade. May corn is up 2 1/4 cents per bushel and May
soybean meal is up $4.80. The Dow Jones Industrial Average is down 739.42
points and the NASDAQ is down 404.15 points.
Your local weather forecast from DTN can be sent to your email every morning free through DTN Snapshot.
|