MARKETS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Wed Dec 11, 2013 11:54 AM CST

GENERAL COMMENTS:

Lean hog futures continue to post sharp losses as additional technical pressure develops. The fact that wholesale pork values posted sharp losses Wednesday morning is drawing additional pressure to the lean hog complex. Corn futures are higher at midday. March corn futures are 2 cents per bushel higher. Stock markets are lower in light trade. The Dow Jones is 88 points lower while Nasdaq is down 40 points.

LIVE CATTLE:

Narrow losses have replaced the mixed trade seen earlier in the session in nearby contract months. The bounce higher in choice boxed beef values midweek seems to be ...

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