FARM BUSINESS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Fri Aug 22, 2014 12:01 PM CDT

GENERAL COMMENTS:

Moderate to strong buyer support redeveloped in live cattle futures despite further pressure in beef values and lackluster cash market activity. Lean hog futures are mixed as nearby futures are focused on position squaring in front of the weekend following Thursday's market bounce. Corn futures are higher at midday. September corn futures are 3 cents per bushel higher. Stock markets are mixed in light trade. The Dow Jones is 9 points lower while Nasdaq is up 13 points.

LIVE CATTLE:

Moderate to strong buyer support is quickly redeveloping in live cattle futures Friday morning. October contracts are leading ...

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