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DTN Closing Livestock Comment 10/27 16:17
Fear Drove the Cattle Complex to Its Limits
It was a horrendous day for the cattle complex as fear continued to drive
the cattle contracts lower.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
It was a painstaking day for the cattle complex as traders continued to
drive the contracts lower as fear continues to drive the contracts lower. New
showlists appear to be mixed, higher in Kansas and Texas, but lower in
Nebraska/Colorado. December corn is up 5 1/2 cents per bushel and December
soybean meal is up $4.10. The Dow Jones Industrial Average is up 337.47 points
and the NASDAQ is up 432.59 points.
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