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DTN Closing Livestock Comment 07/23 15:36
   Traders Continue to Push the Livestock Complex Higher

   Heading into Wednesday's market more cash cattle trade could begin to
develop given that bids were offered in the South and light trade did develop.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   It was another day of higher closes for the livestock complex as traders
support the contracts all the way through the day's end. But heading into
Wednesday's market, there will be more at stake for traders to sort through as
they'll be watching to see if anything develops in the cash market, if pork
cutout values continue to support or not and if feeders can take on the
market's resistance and it's 100-day and 40-day moving averages. December corn
is up 2 1/4 cents per bushel and December soybean meal is down $0.30. The Dow
Jones Industrial Average is down 57.35 points.
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