NEWS
Rick Kment DTN Analyst
Wed Aug 21, 2013 12:04 PM CDT

OMAHA (DTN) -- Triple-digit losses continue to hold through the lean hog futures market. Focus on growing pork supplies and uncertain demand growth has spooked futures traders' midweek. Cattle futures are mixed to mostly lower as lean hog losses are weighing the market lower.

Posted 10:42 -- Lean hog futures quickly tumbled lower Wednesday morning. Traders are concerned about both cash hog and wholesale pork values. Triple digit losses remain in nearby contracts. Cattle futures are holding narrow losses with 10 to 30 cent losses containing most trade interest through the complex. Lack of buyer support is likely to continue.

Posted ...

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