NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Thu Aug 28, 2014 11:59 AM CDT

GENERAL COMMENTS:

Strong gains seen in nearby live cattle futures Thursday morning has redeveloped the expectation of follow through longer term buyer support remaining in the cattle market. October futures are the contract gaining the most attention, trading above $2.50 per cwt higher at midday. Hog futures remain mixed as position taking is going on through nearby contract months. Corn futures are higher at midday. September corn futures are 2 cents per bushel higher. Stock markets are lower in light trade. The Dow Jones is 27 points lower while Nasdaq is down 4 points.

LIVE CATTLE:

Live cattle futures are ...

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