|
|
|
|
|
|
| |
|
|
| |
DTN Closing Livestock Comment 12/19 16:00
Traders Push the Livestock Contracts Higher Through Friday's Close
Some light cash cattle trade developed in Kansas at $228, which is $2 lower
than the previous week's weighted average.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
All in all, it was a successful day for the livestock complex, as all three
of the markets closed higher, and Friday's Dec. 1 USDA Cattle on Feed report
was bullish, too. At the time of this writing, only a handful of cattle had
traded in the South at $228 in Kansas, which is $2 lower than the previous
week's weighted average. March corn is down 3/4 cent per bushel, and January
soybean meal is down $0.80. The Dow Jones Industrial Average is up 183.04
points, and the NASDAQ is up 301.26 points.
For more free DTN information sent right to your email each morning - click here to sign up for DTN Snapshot.
|
|
|
|