Rick Kment DTN Analyst
Wed Aug 13, 2014 10:39 AM CDT

OMAHA (DTN) -- Aggressive losses have redeveloped in nearby live cattle futures with August and October trading more than $1 per cwt lower. The lack of firm support surrounding beef demand growth through late summer continues to create a bearish tone on the overall complex. Lean hog futures have posted light to moderate gains as traders are covering sharp losses seen Tuesday. The widespread liquidation in the October contract could allow for some moderate support to redevelop through the next couple of weeks.

Posted 09:21 -- Short covering is seen through the lean hog complex as nearby contracts have moved ...

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