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.
For more free DTN information sent right to your email each morning - click here to sign up for DTN Snapshot.
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN