DTN Closing Livestock Comment 11/12 15:12
Cattle Rally While Hogs Skate Lower
Bids of $215 were offered throughout the day in Kansas, and asking prices
are noted in Nebraska at $340 but still no cattle have traded.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
The livestock contracts again ended the day mixed with the cattle contracts
closing higher while the lean hog complex ended the day weaker. Bids of $215
were offered in Kansas, but no cattle traded. December corn is down 5 1/2 cents
per bushel and December soybean meal is down $4.30. The Dow Jones Industrial
Average is down 171.72 points and the NASDAQ is down 121.91 points.
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