Perth Ag Partners

 

 
Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
 
 
DTN Closing Livestock Comment 05/26 16:05
   Cattle Carcass Weights Drop Significantly

   It's likely that Friday's trade is pretty quiet with traders looking to head
out early for the long weekend that awaits.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   It was a mixed day for the livestock complex. The lean hog market saw
substantial gains throughout its contracts, but the live cattle and feeder
cattle contracts can't say the same. Given that Monday is a holiday, the market
is expecting a quiet Friday ahead of the long weekend. Hog prices closed lower
on the Daily Direct Afternoon Hog Report, down $1.27 with a weighted average of
$111.35 on 7,515 head. July corn is down 7 1/4 cents per bushel and July
soybean meal is up $4.00. The Dow Jones Industrial Average is up 516.91 points.
For more free DTN information sent right to your email each morning - click here to sign up for DTN Snapshot.
 
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN