FARM BUSINESS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Thu Jun 12, 2014 12:03 PM CDT

GENERAL COMMENTS:

Aggressive gains are quickly developing in cattle futures with both live cattle and feeder cattle futures holding gains over $2 per cwt in nearby contracts. The availability of buyer support and lack of additional market activity could push prices to or near the daily limit of $3 per cwt before closing bell. Lean hog futures are mixed with deferred contract gains being tempered by light nearby losses. Corn futures are higher at midday. July corn futures are 3 cents per bushel higher. Stock markets are lower in light trade. The Dow Jones is 76 points lower while Nasdaq ...

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