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DTN Closing Livestock Comment 03/03 16:02
Mixed Tones Follow the Livestock Complex Through Tuesday's End
Trader support improved slightly on Tuesday, although no wild advancements
were seen.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
The livestock complex closed mixed as traders remain cautiously optimistic
about the complex amid looming pressures. Still no cash cattle trade has
developed, and trade will likely be delayed until Thursday or later. May corn
is up 3/4 cent per bushel and May soybean meal is up $1.80. The Dow Jones
Industrial Average is down 403.51 points and the NASDAQ is down 232.17 points.
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