FARM BUSINESS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Tue Aug 12, 2014 12:05 PM CDT

GENERAL COMMENTS:

Aggressive losses are seen in the entire livestock complex with $2 per cwt and greater scattered through both cattle and hog markets at midday. October contracts are holding limit-down losses of $3 per cwt while nearby cattle contracts are trading $2.50 to $2.65 per cwt. Corn futures are lower at midday. September corn futures are 2 cents per bushel lower. Stock markets are lower in light trade. The Dow Jones is 2 points lower while Nasdaq is down 9 points.

LIVE CATTLE:

Sharpest losses in live cattle futures are seen in August contracts with losses reaching $2.65 per ...

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