FARM BUSINESS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Fri Jun 27, 2014 12:01 PM CDT

GENERAL COMMENTS:

Cattle futures are under pressure in late-week selling. The active losses which developed through the morning are not overly concerning to traders and expected to be viewed more as position-taking following the aggressive gains earlier in the week. Lean hog futures are mixed in a wide range as traders position holdings in front of the afternoon release of quarterly hogs and pig numbers. Corn futures are mixed at midday. July corn futures are 1 cent per bushel lower. Stock markets are mixed in light trade. The Dow Jones is 30 points lower while Nasdaq is up 8 points.

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