MARKETS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Thu May 2, 2013 11:58 AM CDT

GENERAL COMMENTS:

Cattle futures have found additional strong support early Thursday morning. The firmness in the cash cattle market and light to moderate gains in boxed beef values is creating even more buyer interest in front month futures contracts. Lean hog futures have eroded due to lack of fresh market news. Corn futures are trading higher in light trade at midday. July corn futures are holding 10 cent gains at midday. Stock markets are higher in light trade. The Dow Jones is 111 points higher while Nasdaq is up 39 points.

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