NEWS
Rick Kment DTN Analyst
Wed May 22, 2013 12:10 PM CDT

OMAHA (DTN) -- Moderate gains continue to hold in the lean hog market although traders remain inactive at midday. Cattle futures are still under pressure with the strong corn market gains limiting additional activity.

Posted 11:02 -- Sharp losses have developed in feeder cattle futures markets at midday with deferred futures holding triple digit losses. The combination of weaker feeder cattle markets, lackluster buyer interest in live cattle, and strong gains in corn markets has allowed live cattle futures to fade lower. Lean hog futures continue to hold moderate to strong gains mid-morning.

Posted 09:23 -- Light pressure developed in ...

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