DTN Closing Livestock Comment 09/09 16:13
Cattle Rally through Monday's Close
For the cattle complex Monday brought some hope as traders were willing to
help recover some market position following last week's sell off.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
The livestock complex rounded out the day mixed as the cattle contracts were
able to recover some position lost following last week's plumet on Thursday and
Friday. But the lean hog market still ended the day softer as the carcass
prices closed lower. December corn is up 1 cent per bushel and December soybean
meal is up $0.60. The Dow Jones Industrial Average is up 484.18 points.
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