MARKETS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Tue Oct 1, 2013 11:47 AM CDT

GENERAL COMMENTS:

Live cattle and lean hog futures remain under pressure as traders try to make market decisions without cash or wholesale market information that had been compiled and released by the USDA. There is uncertainty as to how the recent shutdown of government agencies will affect overall commodity markets, as contracts settlements could be disrupted once front-month contracts expire. Corn futures are lower at midday. September corn futures are holding 3 cent losses at midday. Stock markets are higher in light trade. The Dow Jones is 64 points higher while Nasdaq is up 39 points.

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