DTN Closing Livestock Comment 11/13 16:14
Cattle Contracts Dissipate Wednesday
Cattle contracts dissipate while the lean hog market closed mixed Wednesday.
By ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
Feeder cattle contracts suffered the most Wednesday, although live cattle
contracts didn't stake by unharmed either. Hog prices are lower on the National
Direct Afternoon Hog Report, down $0.49 with a weighted average of $42.24.
December corn is down 2 1/2 cents per bushel and December soybean meal is up
$1.80. The Dow Jones Industrial Average is up 92 point and the NASDAQ is down 4
points.
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