DTN Closing Livestock Comment 10/10 15:35
Southern Cattle Trade $1.00 Higher, Northern Cattle Trade Steady
Throughout the day Southern live deals were marked at $187 which is $1.0
0higher than last week's weighted average, and Northern dressed sales were
marked at $296 which is fully steady with last week's weighted average.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
It was a strong day for the livestock complex as all three of the markets
closed higher and the cash cattle market managed to trade $1.00 higher in the
South and steady in the North. Some more trade could develop on Friday, but
it's likely that the week's prices are set. December corn is down 2 1/2 cents
per bushel and December soybean meal is down $5.10. The Dow Jones Industrial
Average is down 57.88 points.
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