MARKETS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Fri Mar 15, 2013 12:05 PM CDT

GENERAL COMMENTS:

Livestock futures have been burdened with triple-digit losses through the morning. The cattle futures are posting the most significant pressure with weakness redeveloping in cash and wholesale beef markets. April live cattle have quickly fallen through previous support levels of $127 per cwt, and potentially setting contract lows depending on the market close. Corn futures are trading mixed at midday in light trade. May corn futures are holding 1 cent loss at midday. Stock markets are lower in light trade. The Dow Jones is 26 points down while Nasdaq is down 3 points.

LIVE CATTLE:

Livestock futures are ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Cattle Market There may be a little less bull in this fall's calf market, but the fundamentals still spell oppo...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 1 With sub-$4 corn forecast for multiple years, growers need to make a preemptive strike on their 2...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Senior Partners - 5 This fatherly financial advice is meant to prevent heartaches should the farm economy suffer anot...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl answers readers' questions on depreciation recapture, defining a "true" lease and ...
  • Ask the Vet Does my calf have a hernia and is it repairable?
Related News Stories
Newsom on the Market
DTN Closing Grain Comments
DTN's Quick Takes
DTN Midday Grain Comments
DTN Before The Bell Grain Comments
Under the Agridome
DTN Early Word Opening Livestock
DTN Early Word Grains
DTN Closing Grain Comments
DTN Midday Grain Comments