DTN Ag Host Midday Livestock

Traders appear to be distancing themselves from the cattle complex this week, as they're letting both the live cattle and feeder cattle contracts trade $2.00 to $3.00 lower into Friday's noon hour. Some light cash cattle trade has developed, but mostly it looks like the bulk of this week's trade is done.

August live cattle are down $2.95 at $214., August feeder cattle are down $2.25 at $309., July lean hogs are up $0.30 at $109.2, July corn is up 4 cents per bushel and July soybean meal is down $2.10. The Dow Jones Industrial Average is down 403.41 points and the NASDAQ is down 73.87 points.

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