DTN Ag Host Midday Livestock

The rally evident throughout the cattle complex ahead of Thursday's Thanksgiving holiday has thankfully remained strong following the holiday break, as both the live cattle and feeder cattle contracts are trading higher into midday Friday. Some light cash cattle trade is currently being reported in the South, where prices are marked at $220, $5.00 higher than the cattle traded earlier in the week, but still $2.00 to $4.00 lower than last week's weighted average. March corn is up 2 cents per bushel and January soybean meal is down $2.30. The Dow Jones Industrial Average is up 277.25 points and the NASDAQ is up 97.14 points.

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