NEWS
DTN Before The Bell-Livestock
Rick Kment DTN Analyst
Tue Aug 12, 2014 09:04 AM CDT
GENERAL COMMENTS

Moderate to strong pressure is expected to redevelop through the entire livestock market following weakness seen in overnight trade. The lack of support in meat values and erosion of cash prices over the recent past could lead to additional liquidation in both cattle and hog contracts. Corn futures are trading lower in early electronic trade. Stock markets are trading lower. Dow Jones Index is 8 points lower, while Nasdaq is down 2 points.

LIVE CATTLE:

Opening call: Steady to $1 lower. Pressure is expected to be seen through the live cattle futures Tuesday, although at this point is ...

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