DTN Closing Livestock Comment 11/04 15:59
Cattle Complex Falls Lower Amid New Rumors
The cattle complex fell sharply lower again Tuesday afternoon as the market
was caught off guard by rumors.
ShayLe Stewart
DTN Livestock Analyst
GENERAL COMMENTS:
It was another disappointing day for the cattle complex as more rumors shook
the market lower, as traders are concerned about what's going to happen with
the U.S.-Mexico border. Still no cash cattle trade has developed. December corn
is down 2 3/4 cents per bushel and December soybean meal is down $3.40. The Dow
Jones Industrial Average is down 251.44 points and the NASDAQ is down 486.08
points.
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