NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Tue Jul 30, 2013 11:55 AM CDT

GENERAL COMMENTS:

Livestock futures are under pressure Tuesday morning. The building losses through the lean hog futures market has eroded any early support in the cattle markets. Corn futures are higher at midday. September corn futures are holding 2 cent gains at midday. Stock markets are higher in light trade. The Dow Jones is 18 points higher while Nasdaq is up 25 points.

LIVE CATTLE:

Even though early trade was able to hold onto mixed price movement through the first hour of trade Tuesday, any buyer support seen in the complex quickly eroded. The combination of pressure through the rest ...

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