DTN Ag Host Midday Livestock
No longer up against immediate resistance pressure, the cattle contracts are trading slightly higher into Friday's noon hour, while the hog contracts continue to trade lower. No more cash cattle trade has developed and it looks like the bulk of this week's business is done. July corn is down 11 3/4 cents per bushel and July soybean meal is up $3.40. The Dow Jones Industrial Average is down 484.80 points and NASDAQ is down 366.22 points.
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