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DTN Closing Livestock Comment 10/11 16:10
   Trade Talks Cause Excitement in Livestock Markets

   Friday's market closed higher thanks to the momentum and eagerness of a
trade deal being put in place.

By ShayLe Stewart
DTN Livestock Analyst



   GENERAL COMMENTS:

   Though no plausible sources can confirm what deals are exactly being made,
rumors continue to run rapid that conversations with China are going especially
well. Hog prices are up $0.69 on the National Direct Afternoon Hog Report, with
a weighted average of $56.27. December corn is up 17 1/2 cents per bushel and
December soybean meal is up $3.00. The Dow Jones Industrial Average is up
307.54 points and NASDAQ is up 104.14 points. From Friday to Friday livestock
futures scored the following changes: October live cattle up $2.10, December
live cattle up $1.38, October feeder cattle up $2.13, November feeder cattle up
$2.88; October lean hogs up $0.53 and December lean hogs up $2.35.
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