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DTN Closing Livestock Comment 08/05 16:16
By a Slim Notion, Cattle Contracts Closed Higher
Livestock contracts closed fully higher Wednesday, ready for Thursday's
trade.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
The livestock complex walked away from Wednesday able to close higher in all
three markets. Hog prices were lower on the National Direct Afternoon Hog
Report, down $0.26 with a weighted average of $38.49 on 8,465 head. December
corn is up 3 cents per bushel and December soybean meal is down $1.20. The Dow
Jones Industrial Average is up 373.05 points and NASDAQ is up 57.24 points.
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