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DTN Closing Livestock Comment 02/12 16:00
   Traders Offer Livestock Complex Support

   Asking prices are noted in the South at $204-plus but are still not
established in the North. But packer demand should improve on Thursday.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   Thankfully it was a relatively supportive day for the livestock complex as
most of the contracts closed higher in the three markets. Bids were offered
throughout the day in the cash cattle market, but largely feedlot managers are
holding out in hopes that packer interest will improve. March corn is up 6 1/4
cents per bushel and March soybean meal is down $2.50. The Dow Jones Industrial
Average is down 225.09 points.
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