FARM BUSINESS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Wed Feb 19, 2014 11:33 AM CST

GENERAL COMMENTS:

Livestock futures are mixed Wednesday morning with moderate gains holding in lean hog futures, while light to moderate pressure in feeder cattle futures continues to limit buying interest in the live cattle complex. Corn futures are higher at midday. March corn futures are 1 cent per bushel higher. Stock markets are lower in light trade. The Dow Jones is 3 points lower while Nasdaq is down 14 points.

LIVE CATTLE:

Nearby live cattle futures are trading higher in a narrow trading range based on expectations of firming fundamental support. But narrow pressure is seen through deferred futures as ...

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