NEWS
DTN Before The Bell-Livestock
Rick Kment DTN Analyst
Wed Jun 25, 2014 08:42 AM CDT
GENERAL COMMENTS

Livestock futures are expected mixed with moderate to strong gains redeveloping in the cattle complex. Feeder cattle futures are holding triple digit gains just before opening bell as lower corn prices and expected supply issues are keeping buyers increasingly aggressive. Corn futures are trading lower in early electronic trade. Stock markets are trading lower. Dow Jones Index is 14 points lower, while Nasdaq is down 8 points.

LIVE CATTLE:

Opening call: 50 to 80 cents higher. Follow-through support continues to develop through the complex as traders focus on the aggressive nearby surge in prices seen Tuesday. The expectation ...

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