NEWS
DTN Before The Bell-Livestock
Rick Kment DTN Analyst
Wed Aug 6, 2014 09:01 AM CDT
GENERAL COMMENTS

Cattle futures are pointing to a lower open with the main focus on building pressure in the live cattle futures market. Early support in lean hog futures is building, allowing for additional short covering following the triple-digit losses Tuesday. Corn futures are trading higher in early electronic trade. Stock markets are trading lower. Dow Jones Index is 10 points lower, while Nasdaq is down 6 points.

LIVE CATTLE:

Opening call: Steady to 90 cents lower. Moderate pressure is seen through the livestock futures market early Wednesday morning. This lack of support is gaining momentum in the minutes before ...

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