NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Fri Jan 4, 2013 12:05 PM CST

GENERAL COMMENTS:

Livestock futures are mixed at midday with live cattle futures holding mixed prices in light trade following late-week positioning after the sharp triple-digit gains developed Thursday. Lean hog futures continue to gain support, although trade volume remains sluggish. Corn futures are trading lower at midday in light trade. March corn futures are holding 7 cent losses at midday. Stock markets are higher in light trade. The Dow Jones is 16 points higher while Nasdaq is up 2 points.

LIVE CATTLE:

The lack of follow-through buyer support after Thursday’s triple digit gains has left the market hung over as ...

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