Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
 
 
DTN Closing Livestock Comment 10/29 16:16
   Cattle Build Stronger Into Thursday's Close

   Cattle contracts had another commendable day as nearby live cattle contracts
closed $2.00 to $3.00 higher.

ShayLe Stewart
DTN Livestock Analyst

   Thursday was another strong day for the cattle contracts as support
continues to grow and is allowing for the markets to have a commendable rally.
As the market prepares for Friday, watching how the week's cash cattle trade
will pan out is going to be interesting. Hog prices closed lower on the
National Direct Afternoon Hog Report, down $0.31 with a weighted average of
$61.70 on 8,017 head. December corn is down 3 cents per bushel and December
soybean meal is up $0.20. The Dow Jones Industrial Average is up 139.16 points
and NASDAQ is up 180.72 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