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DTN Closing Livestock Comment 09/11 15:59
Once the Equity Markets Improved the Cattle Complex Rebounded
Heading into Thursday's trade it will be critical to watch for export data,
the month's WASDE report and any developments in the cash cattle complex.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
It was a back-and-forth day for the cattle complex, but thankfully by the
day's end the market closed higher. A few cash cattle sales were reported in
Kansas, but overall, the market has yet to trade. December corn is up 1/2 cent
per bushel and December soybean meal is up $2.50. The Dow Jones Industrial
Average is up 124.75 points.
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