NEWS
Rick Kment DTN Analyst
Thu Aug 21, 2014 12:10 PM CDT

OMAHA (DTN) -- Losses have expanded through the cattle complex with front month August futures holding a $1.10 per cwt loss. This weakness in live cattle markets is driven by renewed sharp losses in feeder cattle futures with September through March contracts holding losses over $2 per cwt. For the sense of stability seen early in the session, the feeder cattle market is setting up for potential limit-down trade once again. Lean hog futures have seen very little incentive to move higher, but seller interest is limited, thus limiting losses to 60 to 80 cents per cwt in most nearby ...

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