NEWS
Rick Kment DTN Analyst
Wed Jun 19, 2013 11:45 AM CDT

OMAHA (DTN) -- Strong triple-digit gains have developed in both live cattle and lean hog futures at midday. The firmness in outside commodity markets has sparked increased interest in the nearby livestock markets. The combination of commercial and investment support is helping to move the focus away from short-term meat market price shifts and into longer-term positions based on both commodity market support and long-term fundamentals.

Posted 10:42 -- Strong support has developed through the complex with front-month July lean hog futures surging to $101 per cwt after a $2.30 per cwt rally. The support in the pork cutouts is keeping ...

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