DTN Closing Livestock Comment 11/07 15:55
Cattle Inch Higher While Hogs End the Week Lower
It was a lackadaisical day for the livestock complex, with the cattle
contracts finding a tick more support ahead of the day's close, but the hog
contracts still rounded out the day lower.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
It was another mixed day for the livestock complex as the cattle contracts
found a little extra support, but the lean hog complex still closed lower. Some
more light cash cattle trade was reported, but prices were steady with the
week's trend. December corn is down 1 1/2 cents per bushel and December soybean
meal is up $4.40. The Dow Jones Industrial Average is up 32.97 points and the
NASDAQ is down 82.01 points.
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