MARKETS NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Tue Apr 15, 2014 11:53 AM CDT

GENERAL COMMENTS:

Sharp gains which developed early in lean hog futures have quickly evaporated. The lack of support under the current buying surge allowed strong pressure back into the market. May lean hog futures are trading nearly $1 per cwt lower, with most other contracts holding moderate to strong losses. Cattle futures remain under pressure with focus on beef values. Corn futures are higher at midday. May corn futures are 3 cents per bushel higher. Stock markets are lower in light trade. The Dow Jones is 69 points lower while Nasdaq is down 57 points.

LIVE CATTLE:

Losses have expanded ...

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