FARM BUSINESS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Fri Jun 20, 2014 12:19 PM CDT

GENERAL COMMENTS:

End-of-week positioning and meat market uncertainty has allowed futures prices to erode through morning trade. Feeder cattle futures are showing the most pressure with traders looking for additional direction from the cattle on feed report which will be released later in the afternoon. Corn futures are higher at midday. July corn futures are 1 cent per bushel higher. Stock markets are higher in light trade. The Dow Jones is 38 points higher while Nasdaq is up 2 points.

LIVE CATTLE:

Weaker live cattle futures have been seen through the morning, but trade is showing some additional weakness at ...

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