Midwest Market Solutions

O T H E R L O C A T I O N S

327 Broadway Yankton, SD 57078 605-260-3060	407 1st Ave. Verona, ND 58490 701-432-5582	1304 Main Ave. North Thief River Falls, MN 56701 218-681-1431	11907 Arbor St. Suite F Omaha, NE 68144 402-253-3121	502 7th St. SW, Suite 1 Roseau, MN 56751 218-452-2129	209 North Main, Box 156 Pocahontas, IA 50574 712-335-3131

Printable Page

Market News Return to Menu - Page 2 3 4 5 6 7 8 9 10

DTN Closing Livestock Comment 12/05 15:41
   Cheaper Corn Support, Higher Feeder Cattle Prices

   The livestock complex had a mixed day with some markets finding support and
other markets coming up short.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS

   The livestock complex closed mixed as the live cattle complex closed
hesitantly, not finding the support it needed, the feeder cattle contracts ran
higher thanks to cheaper corn prices and the hog complex rounded the day out
mixed as it too lacked enough support. Hog prices closed lower on the Daily
Direct Afternoon Hog Report, down $0.53 with a weighted average of $81.69 on
5,768 head. March corn is down 5 3/4 cents per bushel and January soybean meal
is up $8.00. The Dow Jones Industrial Average is down 482.78 points.

DTN offers additional daily information available free through DTN Snapshot – sign up today.