DTN Closing Livestock Comment 09/28 16:10

DTN Closing Livestock Comment 09/28 16:10
   Monday Closes Quietly for Livestock Sector

   Monday was a quiet day all throughout the livestock sector as trade was
modest in its movement and not hurried whatsoever.

ShayLe Stewart
DTN Livestock Analyst

   GENERAL COMMENTS:

   Monday wasn't an overly exciting day as the livestock complex traded
gingerly and kept its advancements and regressions modest. As the week advances
and hog enthusiasts see if this week's export report yields exciting news, and
feedlots see how aggressive packers are going to be, trade could become more
vigorous. Prices were lower on the National Direct Afternoon Hog Report, down
$0.72 with a weighted average of $63.98 on 5,183 head. December corn is up 1
1/2 cents per bushel and December soybean meal is down $4.70. The Dow Jones
Industrial Average is up 410.10 points and NASDAQ is up 203.97 points.

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