Farmers & Merchants State Bank of Pierz

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DTN Closing Livestock Comment 01/15 15:56
   Traders Continue to Push the Livestock Contracts Higher

   Heading into Friday's trade, expect to see more action in the fed cash
cattle market as no cattle have traded yet.

ShayLe Stewart
DTN Livestock Analyst

GENERAL COMMENTS:

   The livestock complex closed higher as trades continue to yearn to push
onward. Still no cash cattle trade has developed. March corn is down 1 3/4
cents per bushel and March soybean meal is down $2.70. The Dow Jones Industrial
Average is up 253.33 points and the NASDAQ is up 56.21 points.

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