NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Wed Jan 9, 2013 12:01 PM CST

GENERAL COMMENTS:

Moderate to sharp losses have quickly developed through the livestock futures complex Wednesday. Lean hog futures are leading the market lower, posting losses at or near $2 per cwt in nearby contracts. The lack of support through the rest of the livestock market as well as renewed buyer support in the grain market, has led to additional pressure in cattle contracts. Corn futures are trading higher at midday in light trade. March corn futures are holding 3 cent gains at midday. Stock markets are higher in light trade. The Dow Jones is 62 points higher while Nasdaq is ...

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