|
|
|
|
|
|
| |
|
|
| |
DTN Closing Livestock Comment 09/15 15:22
Traders Rally the Cattle Contracts on Monday Following Friday's Weaker End
Following the sharp sell-off on Friday, it was relieving to see the cattle
contracts close substantially higher on Monday afternoon.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
It was a grandiose day for the cattle complex, as the futures complex
switched direction from Friday's descent lower to a higher trajectory
throughout Monday. New showlists appear to be mixed, higher in Kansas but lower
in Texas and Nebraska/Colorado. December corn is down 6 3/4 cents per bushel,
and December soybean meal is down $2.90. The Dow Jones Industrial Average is up
31.44 points, and the NASDAQ is up 175.05 points.
Your local weather forecast from DTN can be sent to your email every morning free through DTN Snapshot.
|
|
|
|
