Guranteed IB of R.J. O'Brien since 1981

Market News Return to Menu - Page 2 3 4 5 6 7 8 9 10

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.

Your local weather forecast from DTN can be sent to your email every morning free through DTN Snapshot.