Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
 
 
DTN Closing Livestock Comment 12/12 15:30
   DJ JBS to Close California Plant as Meat Processors Feel Pressure -- WSJ

   The market's 100-day moving average is too much of a resistance threshold
for traders to tackle right now in the cattle complex.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   The livestock complex rounded out the day mixed as the cattle contracts
dipped lower, but the lean hog contracts continued to rally through the week's
end. No new cash cattle trade was noted. March corn is down 5 3/4 cents per
bushel and January soybean meal is up $0.40. The Dow Jones Industrial Average
is down 245.96 points and NASDAQ is down 398.69 points.
DTN offers additional daily information available free through DTN Snapshot – sign up today.
 
 
Copyright DTN. All rights reserved. Disclaimer.
Futures and commodities trading involves significant risk of loss and is not suitable for every investor. Information herein is strictly the opinion of its author and is intended for informational purposes. Information is obtained from sources believed to be reliable but is in no way guaranteed. Neither Northern Crops Marketing nor its employees are liable or responsible for its use. Opinions, data, and recommendations are subject to change; past performance is not indicative of future results.
Powered By DTN