FARM BUSINESS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Thu Oct 10, 2013 12:00 PM CDT

GENERAL COMMENTS:

Livestock futures are mostly higher at midday with lean hog futures shaking off early pressure to focus on mixed narrow trade ranges. Feeder cattle futures are sharply higher, drawing additional interest into the complex. Corn futures are lower at midday. December corn futures are 4 cents lower at midday. Stock markets are higher in light trade. The Dow Jones is 244 points higher while Nasdaq is up 74 points.

LIVE CATTLE:

Firm buyer support has trickled into the market through morning activity. Nearby contracts are holding 30 cent gains, which are creating firm support through the entire complex. ...

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