AG POLICY NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Mon Aug 19, 2013 11:55 AM CDT

GENERAL COMMENTS:

Live cattle futures have retracted early losses and trading mostly higher at midday. Strong support in nearby feeder cattle contracts is outweighing the higher corn market for the moment. Lean hog futures are holding narrow losses in quiet trade. Corn futures are higher at midday. September corn futures are holding 11 cent gains at midday. Stock markets are mixed in light trade. The Dow Jones is 5 points lower while Nasdaq is up 14 points.

LIVE CATTLE:

Live cattle futures have bounded higher at midday after erasing early losses. Renewed support in corn markets is losing the grasp ...

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