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DTN Closing Livestock Comment 07/26 15:38
Northern Cattle Sell for $312 -- $2.00 Higher
Heading into next week's market the cattle complex will be pressured to
either continue with its upward trend or bow down to the dog days of summer and
slip lower.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
It was a powerful day for the cattle complex as boxed beef prices rounded
out the day higher and Northern trade finally cut loose and was marked at
mostly $312 which is $2.00 higher than last week's weighted average. December
corn is down 10 3/4 cents per bushel and December soybean meal is down $4.50.
The Dow Jones Industrial Average is up 654.27 points.
Your local weather forecast from DTN can be sent to your email every morning free through DTN Snapshot.
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