AgHost Livestock Close

With the weakness seen in the equity markets, the livestock contracts closed the day lower as traders were skeptical to support the complex with some external pressure looming. No cash cattle trade developed throughout the day, but asking prices in the south are now noted at $242 to $244. December corn is down 2 cents per bushel and December soybean meal is down $1.20. The Dow Jones Industrial Average is down 171.50 points and the NASDAQ is down 75.61 points.