FARM BUSINESS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Tue Aug 27, 2013 11:45 AM CDT

GENERAL COMMENTS:

Mixed trade is seen through the livestock complex Tuesday morning. Moderate pressure seen in live cattle futures is being offset by gains across the feeder cattle and lean hog complex. Trade activity will likely remain sluggish through most of the afternoon. Corn futures are lower at midday. September corn futures are holding 9-cent losses at midday. Stock markets are lower in light trade. The Dow Jones is 113 points lower while Nasdaq is down 51 points.

LIVE CATTLE:

Light pressure developed through live cattle futures early following the lack of follow-through buying activity in corn futures. Traders ...

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