FARM BUSINESS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Tue Sep 10, 2013 11:55 AM CDT

GENERAL COMMENTS:

Moderate to strong pressure is developing in lean hog futures through the morning. The previous support in the complex has hit a roadblock as traders are starting to take positions. Cattle futures are mixed in directionless trade developing through the morning. Corn futures are mixed at midday. September corn futures are holding 2-cent losses at midday. Stock markets are higher in light trade. The Dow Jones is 120 points higher while Nasdaq is up 33 points.

LIVE CATTLE:

Live cattle futures have remained mixed all morning. The light support in deferred futures is being offset by narrow losses ...

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