MARKETS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Wed May 22, 2013 12:06 PM CDT

GENERAL COMMENTS:

Mixed trade in the livestock futures continues to draw additional activity into the market at midday. Moderate gains in the lean hog market are being over shadowed by pressure in cattle futures. Corn futures are higher at midday. July corn futures are holding 14 cent gains at midday. Stock markets are higher in light trade. The Dow Jones is 51 points higher while Nasdaq is up 7 points.

LIVE CATTLE:

Live cattle futures have eroded through the morning with 40 to 60 cent losses seen at midday. The sharp losses in the feeder cattle markets, strong corn market ...

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