FARM BUSINESS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Fri Oct 11, 2013 11:52 AM CDT

GENERAL COMMENTS:

Livestock futures are mixed with strong gains developing across cattle contracts while lean hog futures are straddling unchanged in a narrow range. Trade volume is expected to remain sluggish through the remainder of the session. Corn futures are lower at midday. December corn futures are 4 cents lower. Stock markets are higher in light trade. The Dow Jones is 83 points higher while Nasdaq is up 24 points.

LIVE CATTLE:

Armed with triple-digit gains coming in from feeder cattle futures, weakness across grain markets, and strong late-week support in stock markets, buyers are venturing back into live cattle ...

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