NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Tue Apr 16, 2013 12:06 PM CDT

GENERAL COMMENTS:

Livestock futures have replaced early losses in the cattle complex with moderate gains. The outside market support is drawing most of the support levels seen Tuesday. Corn futures are trading higher in moderate trade at midday. May corn futures are holding 9 cent gains at midday. Stock markets are higher in active trade. The Dow Jones is 155 points higher while Nasdaq is up 49 points.

LIVE CATTLE:

Moderate gains are seen through the live cattle futures market as traders focus on outside market strength. Trade volume may remain sluggish through much of the rest of the session. ...

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