NEWS
Rick Kment DTN Analyst
Wed Apr 17, 2013 11:57 AM CDT

OMAHA (DTN) -- Strong gains continue to hold in the livestock futures market. Both cattle and hog futures are hanging onto triple-digit gains. The pressure in outside markets is making it attractive for investment buyer support to step back into the complex.

Posted 10:53 -- Sharp gains have developed in the livestock market at midday as the lack of follow-through buying ran out of steam. June live cattle futures are leading the surge of renewed buyer support with a $1.20 per cwt rally. Lean hog futures have replaced early losses with triple digit gains in nearby contracts. Trade volume remains light, ...

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