MARKETS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Fri Nov 30, 2012 11:49 AM CST

GENERAL COMMENTS:

Sharp losses quickly developed in nearby live cattle futures contracts Friday morning as profit taking at the end of the month appears to be the main order of business. It is uncertain if additional volume will develop through the end of the session. Corn futures are trading lower at midday in light trade. December corn futures are holding 8 cent loss at midday. Stock markets are lower in light trade. The Dow Jones is 13 points lower while Nasdaq is down 6 points.

LIVE CATTLE:

Live cattle futures have tumbled lower through morning trade. Although there still appears ...

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