NEWS
Rick Kment DTN Analyst
Wed May 15, 2013 12:01 PM CDT

OMAHA (DTN) -- Nearby live cattle futures have regained early losses following strong support in boxed beef values at midday. It is uncertain if the renewed support will hold given the lack of additional support in cash markets. Lean hog futures remain moderately higher in nearby contracts, although uncertainty is developing in deferred contract months.

Posted 10:42 -- Early gains have held in nearby lean hog futures with traders focusing on the potential of additional support in both wholesale pork prices and cash hog values. Nearby summer lean hog contracts are stable with 25 to 35 cent gains. Live cattle futures ...

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