NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Tue Jan 8, 2013 12:02 PM CST

GENERAL COMMENTS:

The renewed support in the corn market and lack of interest from commercial live cattle buyers has allowed for moderate losses to develop through morning trade in the live cattle futures contracts. Lean hog futures remain higher in nearby contracts, although very little activity has developed through the morning. Corn futures are trading higher at midday in light trade. March corn futures are holding 6 cent gains at midday. Stock markets are lower in light trade. The Dow Jones is 68 points lower while Nasdaq is down 17 points.

LIVE CATTLE:

Although front month live cattle futures are ...

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