DTN Ag Host Midday Livestock

The livestock complex is trading lower into Thursday’s noon hour as traders simply aren’t seeing enough fundamental support in the marketplace. A few sales have developed in the fed cash cattle market in the North, but not enough to say that a trend has been established. However, a sizeable volume has sold in the South at $282, which is $3.00 lower than last week’s weighted average. December corn is up 2 3/4 cents per bushel and December soybean meal is up $7.20. The Dow Jones Industrial Average is down 369.28 points and NASDAQ is down 388.47 points.