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DTN Closing Livestock Comment 05/13 15:36
Traders Let Livestock Contracts Trade Higher Through Tuesday's End
It was a quiet day for the livestock contracts as traders allowed the
complex to rally mildly.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
It was a quiet, uneventful day for the livestock complex as traders allowed
most of the contracts to again drift higher, but not much developed
fundamentally. Asking prices are noted in the South at $224 to $225. May corn
is down 4 1/4 cents per bushel and May soybean meal is down $5.20. The Dow
Jones Industrial Average is down 269.67 points and the NASDAQ is up 301.74
points.
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