Printable Page Livestock   Return to Menu - Page 1 2 3 4 5 7 8 10 11 12 13
 
 
DTN Closing Livestock Comment 02/21 15:55
   Strong Fundamentals Keep Cattle Trending Higher Wednesday

   Heading into Thursday's market, packer interest could improve and bids may
begin to surface.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   It was another strong day for the cattle complex as the market continued to
trade steady or somewhat higher, thanks to its strong fundamental footing, but
the hog market wasn't as supported. March corn is down 7 3/4 cents per bushel
and May soybean meal is down $5. The Dow Jones Industrial Average is up 48.44
points. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up
$2.37 with a weighted average price of $72.62 on 5,440 head.
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