DTN Closing Livestock Comment 11/20 16:03
Livestock Complex Closes Mixed With Hope of Better Fundamental Support

Heading into Thursday's trade traders will be eager to see Thursday's export
report and given that both boxed beef prices and pork cutout values have been
pressured recently, the markets are hoping for excellent demand.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

The livestock complex closed mixed as the lean hog contracts finally found
some technical footing in the futures complex, the feeder cattle market rallied
through the day's end, but the live cattle complex closed on both sides of
steady. A handful of cattle sold in Nebraska at $290, but not enough traded to
say that any sort of trend has been established for the week. December corn is
up 3 cents per bushel and December soybean meal is up $0.80. The Dow Jones
Industrial Average is up 139.53 points.