MARKETS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Fri Nov 8, 2013 11:55 AM CST

GENERAL COMMENTS:

Moderate strength is developing at midday and likely will be able to hold through the end of the session. Firm grain market support has sparked additional commercial buyer activity in both live cattle and lean hog futures. Corn futures are higher at midday. December corn futures are 3 cents per bushel higher. Stock markets are higher in light trade. The Dow Jones is 90 points higher while Nasdaq is up 52 points.

LIVE CATTLE:

Following the narrow single-digit range live cattle futures have seen early in the session, moderate to strong support quickly developed following USDA supply and ...

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