FARM BUSINESS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Mon Dec 2, 2013 12:01 PM CST

GENERAL COMMENTS:

Early support in cattle futures has quickly faded as the session has continued. Live cattle futures are posting light to moderate losses with little to no support appearing to develop in the near term. Lean hog futures are mixed in a narrow range. Corn futures are lower at midday. December corn futures are 4 cents per bushel lower. Stock markets are higher in light trade. The Dow Jones is 5 points higher while Nasdaq is up 1 point.

LIVE CATTLE:

Initial buyer support in live cattle futures proved to be extremely shallow and quickly ran out of support ...

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