DTN Closing Livestock Comment 05/14 15:29
Livestock Contracts End the Day Lower Again Thursday
Some light cash cattle trade developed in the North at $415, but that was
the only exciting news that developed throughout the day.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
The livestock complex ended the day mostly lower as traders didn't see the
support they needed to keep the contracts elevated through the day's end. Some
light cash cattle trade developed in the North, but the day's movement was
thin. July corn is down 13 1/4 cents per bushel and July soybean meal is down
$6.00. The Dow Jones Industrial Average is up 370.26 points and the NASDAQ is
up 232.88 points.
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