NEWS
Rick Kment DTN Analyst
Thu Mar 28, 2013 12:20 PM CDT

OMAHA (DTN) -- Feeder cattle futures continue to trade at or near the daily trading limits with gains of $2.90 to $3 per cwt seen in April through January futures contracts. Live cattle contracts have fallen off of session highs, but nearby gains of 70 to 80 cents remain intact based on sharp losses in grain prices and higher cash cattle values. Lean hog markets have gained some support from the cattle complex. This is pushing nearby contracts higher, but concern about long-term demand continues to curb any market enthusiasm.

Posted 10:36 -- Sharp gains in the cattle complex helped ...

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