DTN Closing Livestock Comment 08/26 15:57
Traders Lent the Cattle Contracts Additional Support Ahead of Closing
No new cash cattle trade developed throughout the day, but bids were offered
in both regions.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
The livestock complex ended the day higher as traders lent the cattle and
lean hog contracts additional support ahead of Wednesday's close. No new cash
cattle trade developed throughout the day, but bids were offered in both
regions. December corn is up 13 cents per bushel and December soybean meal is
up $10.10. The Dow Jones Industrial Average is down 113.52 points and the
NASDAQ is down 21.10 points.
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