DTN Ag Host Midday Livestock

The cattle contracts are trading lower into Wednesday’s noon hour as the market is disgruntled with the lack of fundamental support. Some light trade has developed in the North, where dressed cattle are trading at $345, which is $6.00 lower than last week’s weighted average. December corn is down 6 1/2 cents per bushel and December soybean meal is down $6.90. The Dow Jones Industrial Average is down 158.50 points and the NASDAQ is down 43.11 points.