NEWS
Rick Kment DTN Analyst
Fri Jun 20, 2014 11:42 AM CDT

OMAHA (DTN) -- Losses in live cattle and lean hog futures continue to expand as buyers have been hard to find through midday, and traders who have remained in the market are focusing on squaring positions in front of the afternoon report. Feeder cattle futures are showing losses of $1 to $1.20 per cwt in most nearby contracts. Live cattle trade is weaker but much less neatly organized as nearby losses range from 10 cents to $1.07 per cwt at midday. Light pressure is seen in lean hog contracts as trade volume has been light through most of the morning.

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