MARKETS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Thu Feb 7, 2013 12:03 PM CST

GENERAL COMMENTS:

Livestock futures are mixed at midday following moderate to sharp early trade. The lack of follow-through seller interest during late morning has eased market pressure, although there still remains looming uncertainty concerning short- and long-term demand projections. Corn futures are trading lower at midday in light trade. March corn futures are holding 8 cent losses at midday. Stock markets are lower in light trade. The Dow Jones is 84 points lower while Nasdaq is down 15 points.

LIVE CATTLE:

Light to moderate support is slowly developing in the nearby live cattle futures with 30 to 55 cent gains ...

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