NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Thu Jul 18, 2013 11:53 AM CDT

GENERAL COMMENTS:

Livestock futures are posting strong gains at midday following lackluster trade early in the session. Triple digit gains are seen in both nearby live cattle and feeder cattle markets. This is creating some spill over support in nearby lean hog futures despite losses remaining firm in deferred contracts. Corn futures are lower at midday. September corn futures are holding 6 cent losses at midday. Stock markets are higher in light trade. The Dow Jones is 97 points higher while Nasdaq is up 2 points.

LIVE CATTLE:

Early trade in the live cattle market remained sluggish with traders focusing ...

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