DTN Closing Livestock Comment 07/07 16:09
Traders Eagerly Push Livestock Contracts Higher
Traders didn't waste time pushing the livestock contracts higher, and their
support remained through the day's end.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
The livestock complex had a fruitful day as all three of the markets closed
mostly higher. New showlists appear to be mixed, higher in Nebraska/Colorado,
but lower in Kansas and Texas. July corn is down 13 1/2 cents per bushel and
July soybean meal is down $5.30. The Dow Jones Industrial Average is down
422.17 points and the NASDAQ is down 188.58 points.
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