FARM BUSINESS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Wed Aug 13, 2014 11:52 AM CDT

GENERAL COMMENTS:

Cattle futures remain defensive through morning trade with nearby live cattle contracts holding losses around $1 per cwt. Midday support has helped pull futures back from strong morning lows, but buyer interest seems to be very limited. Additional late-day softness could quickly redevelop in front of the closing bell. Corn futures are mixed at midday. September corn futures are 1 cent per bushel lower. Stock markets are higher in light trade. The Dow Jones is 84 points higher, while Nasdaq is up 36 points.

LIVE CATTLE:

Live cattle futures have continued to erode through the morning following mixed ...

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