NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Fri Jan 25, 2013 11:49 AM CST

GENERAL COMMENTS:

Moderate to strong gains have developed through the morning across the cattle complex as traders focus on the potential of market shifts following the cattle on feed report which will be released Friday afternoon. Lean hog futures remain moderately lower as lack of buyer support has allowed nearby contracts to fade moderately lower at midday. Corn futures are trading lower at midday in light trade. March corn futures are holding 3 cent losses at midday. Stock markets are higher in light trade. The Dow Jones is 49 points higher while Nasdaq is up 10 points.

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