DTN Ag Host Midday Livestock

It’s been a whiplash type of a day already for the cattle contracts and traders are now letting the contracts fall lower upon fearing what headline could pop up next. Bids have been renewed in the cash market, but no new trade has developed. July corn is up 2 1/4 cents per bushel and July soybean meal is up $2.70. The Dow Jones Industrial Average is down 161.19 points and NASDAQ is down 446.96 points.