FARM BUSINESS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Tue Aug 20, 2013 11:58 AM CDT

GENERAL COMMENTS:

Live cattle and lean hog futures remain mixed in a narrow range Tuesday morning. The light gains seen in nearby contracts based on commercial buyer support are more than offset by lack of buyer support in deferred futures. Corn futures are lower at midday. September corn futures are holding 10 cent losses at midday. Stock markets are higher in light trade. The Dow Jones is 52 points higher while Nasdaq is up 32 points.

LIVE CATTLE:

Mixed and narrow trading ranges have held through live cattle futures much of the morning. Traders are focusing on outside market direction, ...

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