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DTN Closing Livestock Comment 03/30 15:33
Traders Help Drive Cattle Contracts Higher through Monday's Close
With more than enough fundamental support alive in the marketplace, traders
willingly helped drive the cattle contracts higher through Monday's end.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
With more than enough support being evident throughout Monday's trade, the
livestock contracts successfully rounded out the day higher. New showlists
appear to be somewhat lower in Texas and even smaller in Nebraska and Kansas.
May corn is down 6 1/4 cents per bushel and May soybean meal is down $0.40. The
Dow Jones Industrial Average is up 29.37 points and the NASDAQ is down 186.61
points.
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