NEWS
Rick Kment DTN Analyst
Mon Aug 5, 2013 11:48 AM CDT

OMAHA (DTN) -- Narrow single-digit gains have redeveloped in nearby cattle contracts, although light pressure is still holding in the deferred contract months with pressure in the grain markets lowering production costs. Strong triple-digit gains are holding in the October and December contacts. Trade volume is likely to remain quiet through the rest of the session as very little additional direction is expected before closing bell.

Posted 10:37 -- Additional buyer support quickly redeveloped in the lean hog futures markets with prices in the October contracts posting a $1.50 per cwt gain mid-morning. The focus on potential renewed support in ...

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