MARKETS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Wed Jul 31, 2013 12:02 PM CDT

GENERAL COMMENTS:

Livestock futures are trading mixed with strong gains holding in the lean hog complex. Pressure has slowly developed through the cattle complex during morning trade. This may continue to pressure live cattle prices over the last hour of trade. Corn futures are higher at midday. September corn futures are holding 2 cent gains at midday. Stock markets are higher in light trade. The Dow Jones is 26 points higher while Nasdaq is up 11 points.

LIVE CATTLE:

Live cattle futures have slipped lower at midday with prices holding 10 to 35 cent per cwt losses in nearby contracts. ...

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