FARM BUSINESS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Thu Oct 31, 2013 11:45 AM CDT

GENERAL COMMENTS:

Trade remains sluggish through livestock futures Thursday morning. Traders appear to have most of the end of the month position squaring done that is expected to take place. This is allowing contracts to slowly limp into closing bell and close out the month of October. Previous pressure in pork values is adding additional pressure to lean hog contracts. Corn futures are lower at midday. December corn futures are 2 cents per bushel lower. Stock markets are mixed in light trade. The Dow Jones is 3 points lower while Nasdaq is up 7 points.

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