NEWS
Rick Kment DTN Analyst
Wed Jul 9, 2014 12:05 PM CDT

OMAHA (DTN) -- Live cattle and feeder cattle futures have hit limit lower trade with several nearby contracts locked at $3 per cwt losses. Given the aggressive early gains in the complex, nearby cattle contracts have moved in a full range of just under $6 per cwt through the trading session. This wide range is likely to spark additional widespread volatility in the complex when markets are able to reopen for trade when they back away from daily limits. Lean hog futures are trading nearly $2 per cwt following the pressure in the cattle complex.

Posted 10:51 -- Early buyer ...

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