MARKETS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Tue May 7, 2013 11:56 AM CDT

GENERAL COMMENTS:

Livestock futures are mixed at midday. The sharp pressure in the feeder cattle complex is being offset by light to moderate buyer support in the lean hog market at midday. Trade volume remains sluggish through the entire complex, looking for additional fundamental direction. Corn futures are trading higher in light trade at midday. July corn futures are holding 3 cent gains at midday. Stock markets are higher in light trade. The Dow Jones is 58 points higher while Nasdaq is up 2 points.

LIVE CATTLE:

Nearby live cattle futures are mixed in extremely narrow price ranges and light ...

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