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DTN Closing Livestock Comment 10/17 15:43
Southern Cattle Trade $1.00 Higher, Dressed Cattle Trade Steady
Heading into Friday's market be on the lookout for the morning's export
report.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
The cattle complex traded mostly lower into Thursday's close while the hog
complex rallied. Sales developed Thursday afternoon in the cash cattle market
and Southern live cattle traded at mostly $188 ($1.00 higher than last week's
weighted average) and Northern dressed sales were marked at mostly $296 (steady
with last week's weighted average). December corn is up 2 cents per bushel and
December soybean meal is up $4.40. The Dow Jones Industrial Average is up
161.35 points.
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