Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
 
  
DTN Closing Livestock Comment 12/09 16:12
   Traders Let Livestock Contracts Close Lower

   Without enough fundamental support to entice traders to push the contracts
higher, a mostly lower end was seen throughout the livestock complex today.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   The livestock complex closed mostly lower as traders simply didn't see
enough support in the market to challenge resistance thresholds. No cash cattle
trade developed throughout the day. March corn is up 4 1/4 cents per bushel and
January soybean meal is down $5.00. The Dow Jones Industrial Average is down
179.03 points and the NASDAQ is up 30.59 points.
Get your local Cash Bids emailed to you each morning from DTN – click here to sign up for DTN Snapshot.
 
"Central States Commodities, INC. is a registered trademark. All rights reserved. Central States Commodities, INC. is a Guaranteed Introducing Broker of R.J. O'Brien. Past performance is not necessarily indicative of future performance. The risk of loss in trading futures contracts or commodity options can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results."
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN