MARKETS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Wed Mar 27, 2013 12:07 PM CDT

GENERAL COMMENTS:

Livestock futures are mixed in a wide price range at midday. Technical support kicked into the live cattle futures market through the morning with June futures contracts defending the $121 per cwt threshold. This has created triple-digit gains in both live-cattle and feeder-cattle futures. Lean hog futures are sharply lower, unable to sustain Tuesday's rally. Corn futures are trading higher at midday in light trade. May corn futures are holding 5 cent gains at midday. Stock markets are lower in light trade. The Dow Jones is 44 points lower while Nasdaq is down 7 points.

LIVE CATTLE:

The ...

Quick View
  • Dealing with Diplodia After the latest spate of wet, cool weather in parts of the Midwest, plant pathologists are urgin...
  • Year-Round Cow Kelly Smith believes fetal programming through good nutrition for dams yields better steers and h...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Cash Will Be King Years of $6-and-up corn couldn't last forever. Some proactive grain farmers are bolstering their ...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • COOL Appeal Likely in 2015 Agriculture Secretary Tom Vilsack said the U.S. might not file an appeal of the country-of-origin...
  • Ask the Taxman by Andy Biebl Readers ask if they can offset futures losses against cattle income, roll hedges forward tax-free...
  • Ranch Hands Two families take different approaches to building income from trail rides, roundups and real-lif...
  • Ask the Vet Why isn't my flea and tick control for dogs working?
Related News Stories
CME Earnings Rise 23%
DTN Before The Bell Grain Comments
USDA: 132,000 MT Soybeans Sold
DTN Early Word Opening Livestock
DTN Early Word Grains
DTN Closing Grain Comments
DTN's Quick Takes
DTN Midday Grain Comments
Kub's Den
DTN Before The Bell Grain Comments