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DTN Closing Livestock Comment 07/15 15:51
Mixed Tones Keep with the Livestock Complex through Monday's End
Heading into Tuesday's market early asking prices may begin to surface in
the Southern plains.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
All in all, it was a quiet day throughout the livestock complex as the live
cattle complex close mixed, feeders rallied as corn prices dropped lower and
the hog complex lacked adequate support. Hog prices closed higher on the Daily
Direct Afternoon Hog report, up $0.08 with a weighted average price of $83.12
on 1,940 head. December corn is down 10 1/2 cents per bushel and December
soybean meal is down $5.80. The Dow Jones Industrial Average is up 210.82
points.
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