MARKETS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Fri Jul 19, 2013 11:39 AM CDT

GENERAL COMMENTS:

Livestock futures remain mixed at midday. Aggressive price support has redeveloped in feeder cattle futures, which is helping to firm live cattle futures at midday. Lean hog futures remain lower with moderate pressure seen in both nearby and deferred contracts based on demand concerns. Corn futures are mixed at midday. September corn futures are holding 2-cent gains at midday. Stock markets are lower in light trade. The Dow Jones is 27 points lower while Nasdaq is down 28 points.

LIVE CATTLE:

Light pressure developed early in the session based on lack of direction in both the beef markets ...

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