MARKETS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Mon May 13, 2013 11:53 AM CDT

GENERAL COMMENTS:

Moderate gains quickly developed Monday morning across the entire livestock complex. The initial surge of buyers support appears to be fading at midday. But prices still remain higher based on both fundamental support and spill over buying from the grain market. Corn futures are trading higher in light trade at midday. July corn futures are holding 20 cent gains at midday. Stock markets are mixed in light trade. The Dow Jones is 31 points lower while Nasdaq is up 8 points.

LIVE CATTLE:

Moderate buyer support has developed through the morning as buyers focused on the general commodity ...

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