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DTN Closing Livestock Comment 11/26 16:12
Traders Appreciated Hearing Ag Secretary Brooke Rollin's Positive Remarks
about the Cattle Market
The livestock contracts rallied ahead of the Thanksgiving holiday.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
The livestock complex was granted some additional support ahead of the
Thanksgiving holiday, as most of the contracts closed higher. Some light cash
cattle trade developed, but prices held mostly steady with Tuesday's business.
March corn is up 7 cents per bushel and January soybean meal is down $0.00. The
Dow Jones Industrial Average is up 314.67 points and the NASDAQ is up 189.10
points.
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