NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Tue Apr 2, 2013 11:41 AM CDT

GENERAL COMMENTS:

Cattle futures have posted moderate to strong losses Tuesday morning. The lack of support in the cattle market has been driven by pressure in outside markets. Lean hog futures are mixed at midday with strong deferred contract gains focusing on longer term demand. Corn futures are trading lower in light at midday in active trade. May corn futures are holding 6 cent losses at midday. Stock markets are higher in light trade. The Dow Jones is 98 points higher while Nasdaq is up 26 points.

LIVE CATTLE:

Moderate to strong pressure has developed through the live cattle futures ...

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