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DTN Closing Livestock Comment 07/23 15:26
Traders Push the Livestock Contracts Higher
Friday will be a busy day with both the bi-annual Cattle inventory report
set to be released along with the monthly Cattle inventory report.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
The livestock complex ended the day on a high note as traders poured support
into the marketplace through the day's end. Do note that on Friday both the
bi-annual Cattle inventory Report is set to be released, and so is the monthly
Cattle on Feed report. December corn is up 2 3/4 cents per bushel and December
soybean meal is down $1.00. The Dow Jones Industrial Average is down 506.93
points and the NASDAQ is down 553.21 points.
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