Monday, March 19, 2018  
Weather |  Markets Page |  Futures Markets |  Ag News |  DTN Renewable Fuels | |  Farm Life |  Portfolio |  Quotes |  Charts 
Heron Lake Plant
HLBE News Items
Board of Governors
Our People
Cash Bids
USDA and Weather Forecasts
Discount Schedules
Corn Route Map
Trading Capital Units
SEC Filings
Ethanol Industry
Contact Us
Terms and Conditions
Nomination Questionnaire
Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
DTN Closing Livestock Comment 03/19 16:29
   Meat Futures Stumbled Into New Week With Triple-Digit Losses

   The cattle complex crashed sharply lower, hammered by a combination of long
liquidation and technical selling. Lean hog futures also fell hard through the
opening session of the week, pressured by defensive fundamentals and a general
lack of selling interest.

By John Harrington
DTN Livestock Analyst


   Cash cattle activity on Monday was typically limited to the distribution of
new showlists. Ready numbers appear to be generally larger with only Texas
offering fewer steers and heifers. According to the closing report, the Iowa
hog base closed .79 lower compared with the prior day settlement ($52.00-59.50,
weighted average $56.50). Closing at a 3-week low, nearby corn futures fell
more than 7 cents lower, pressured by both winter wheat and beans. The stock
market put in a rough day with the Dow off 335 on the close and the Nasdaq down
by 137.
Your local weather forecast from DTN can be sent to your email every morning free through DTN Snapshot.
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN