FARM BUSINESS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Thu Aug 29, 2013 12:12 PM CDT

GENERAL COMMENTS:

Moderate to strong gains in live cattle and lean hog futures is drawing buyers back into the complex. Trade volume remains light to moderate, but may firm additional activity during afternoon trade. Corn futures are mixed at midday. September corn futures are holding 1 cent gains at midday. Stock markets are higher in light trade. The Dow Jones is 68 points higher while Nasdaq is up 10 points.

LIVE CATTLE:

Light to moderate commercial support is holding in the complex Thursday. Traders are focusing on outside market support rather than short-term fundamentals. These early gains could hold ...

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