Home |  Weather |  Futures Markets |  Quotes |  Ag News |  Charts |  Markets Page 

Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
DTN Closing Livestock Comment 12/02 16:02
   Feedlots Champion Another Week of Higher Trade

   A strong export report for both the cattle and hog markets started the day
off with a strong lead and ultimately led to a higher close for both markets.

ShayLe Stewart
DTN Livestock Analyst


   It was a great day for the livestock contracts as the markets were supported
both technically and fundamentally. The lean hog market was especially happy to
see a strong export report, and feedlots were ecstatic to move the cash cattle
market higher again this week. Hog prices closed lower on the National Direct
Afternoon Hog Report, down $0.08 with a weighted average of $57.87 on 4,420
head. March corn is up 5 1/4 cents per bushel and January soybean meal is down
$0.30. The Dow Jones Industrial Average is up 617.75 points and NASDAQ is up
127.27 points.
For more free DTN information sent right to your email each morning - click here to sign up for DTN Snapshot.
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN