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


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 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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