DTN Closing Livestock Comment 03/18 15:53
Mixed Tones Follow Livestock Complex through Wednesday's Close
The livestock complex closed mixed, as not enough fundamental support
developed to justify trading the contracts fully higher.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
Again this afternoon, the livestock complex closed mixed as traders desired
to see the livestock contracts close higher but weren't confident that the
market possessed enough support to make that happen. No cash cattle trade
developed throughout the day. May corn is up 9 1/4 cents per bushel and May
soybean meal is up $10.00. The Dow Jones Industrial Average is down 768.11
points and the NASDAQ is down 327.11 points.
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