NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Tue Sep 3, 2013 11:41 AM CDT

GENERAL COMMENTS:

Livestock futures are mostly higher as moderate to strong gains in the cattle market are heavily influencing the complex. Feeder cattle futures are posting triple-digit gains in nearby contracts based on weakness in corn prices. Corn futures are lower at midday. September corn futures are holding 8-cent losses at midday. Stock markets are higher in light trade. The Dow Jones is 18 points higher while Nasdaq is up 26 points.

LIVE CATTLE:

Live cattle futures are holding moderate gains following firmness in boxed beef values and potential for increased support from retail meat sales. Narrow trading ranges ...

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