Heading into Friday’s market the livestock complex is eyeing the Southern cash cattle market as it could still have some negotiations to sort through.
GENERAL COMMENTS:
Even though the day traded in a slow manner, the cash cattle market and pork cutout prices kept the market interesting. Heading into Friday’s trade, it’s not likely that there will be much excitement, but the livestock complex is open. DTN will provide comments even though the USDA will not be open nor sharing any reports.
Hog prices are delayed due to packer submission problems. March corn is down 9 1/2 cents per bushel and March soybean meal is down $4.50.
The Dow Jones Industrial Average is down 90.55 points and NASDAQ is down 24.66 points.
