DTN Closing Livestock Comment 06/10 15:35
Mixed Tones Again Follow the Livestock Complex Through Closing
No cash cattle trade developed throughout the day, but packer interest could
improve on Thursday.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
It was yet another day for the livestock complex, where the cattle contracts
rallied mildly while the hog contracts struggled to gain support. No cash
cattle trade developed throughout the day. Do note that the monthly WASDE
report is scheduled for release on Thursday. July corn is down 1/2 cent per
bushel and July soybean meal is up $0.80. The Dow Jones Industrial Average is
down 881.97 points and the NASDAQ is down 464.74 points.
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