NEWS
DTN Before The Bell-Livestock
Rick Kment DTN Analyst
Tue Jun 10, 2014 08:35 AM CDT
GENERAL COMMENTS

Livestock futures are expected to open mixed with a light to moderate market correction developing in the cattle complex after posting aggressive gains Monday. Strong lean hog gains have developed ahead of opening bell, but follow-through buying during the rest of the morning is still uncertain. Corn futures are trading higher in early electronic trade. Stock markets are trading lower in light overnight trade.

LIVE CATTLE:

Opening call: Steady to 30 cents lower. After live cattle futures set contract highs once again Monday, traders quickly started looking for potential to square positions and take profits. This opportunity has ...

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