DTN Closing Livestock Comment 11/13 15:31
Bids Surface but Feedlots Continue to Hold Out for More Money
Packers threw some soft bids of the table around noon, but feedlot managers
weren't impressed and elected to see what develops later this week.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
It was a lackluster day for the livestock complex as traders showed the
contracts mixed interest. Bids of $185 live and $290 dressed were offered
throughout the day, but the cash cattle market sat mostly quiet. December corn
is down 1 3/4 cents per bushel and December soybean meal is down $1.30. The Dow
Jones Industrial Average is up 147.01 points.
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