NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Wed Dec 5, 2012 11:57 AM CST

GENERAL COMMENTS:

Livestock futures gained support from the combination of renewed expectations of firm to stronger long-term meat demand and gains in outside markets Wednesday morning. Although trade remains sluggish through most of the morning, nearby livestock contracts continue to hold moderate gains. Corn futures are trading higher at midday in light trade. December corn futures are holding 5 cent gains at midday. Stock markets are mixed in light trade. The Dow Jones is 124 points higher while Nasdaq is down 4 points.

LIVE CATTLE:

Light to moderate gains have held across the live cattle futures through most of the ...

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