Call Us Toll-Free:  1-866-468-6866
Email:
Info@LefflerCom.com

 
Printable Page Livestock   Return to Menu - Page 1 2 3 4 5 7 8 10 11 12 13
 
 
DTN Closing Livestock Comment 10/23 16:15
   Feeder Prices Spooked By Higher Corn

   Some mixed results among livestock futures Friday couldn't outweigh the
overall bearish movement of the market this week, capped by a bearish Cattle on
Feed report.

Elaine Kub
Contributing Analyst

   The painful week of losses in both cattle and hog prices finally came to a
close Friday, capped by a bearish Cattle on Feed report that showed inventory
at 11.7 million head, up 4% year-over-year. Hog prices closed lower on the
National Direct Afternoon Hog Report, down $1.27 with a weighted average of
$59.55 on 5,161 head. December corn closed up 3 cents per bushel and December
soybean meal closed up $4 per ton. The Dow Jones Industrial Average is down 28
points and NASDAQ is up 29 points.
Your local weather forecast from DTN can be sent to your email every morning free through DTN Snapshot.
 
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN