NEWS
DTN Before The Bell-Livestock
Rick Kment DTN Analyst
Tue Jul 8, 2014 08:46 AM CDT
GENERAL COMMENTS

Cattle futures are turning lower in early overnight trade with moderate to strong losses seen in both live cattle and feeder cattle trade. This pullback is not totally unexpected as traders are expected to be squaring positions following the holiday break, although the overall longer-term tone of the market has not changed. Lean hog futures are trading mixed, but are likely being heavily influenced by the pressure in cattle markets early Tuesday. Corn futures are trading higher in early electronic trade. Stock markets are trading lower. Dow Jones Index is 79 points lower, while Nasdaq is down 14 ...

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