NEWS
Rick Kment DTN Analyst
Wed Sep 4, 2013 12:08 PM CDT

OMAHA (DTN) -- Live cattle futures continue to hold moderate losses despite light support in boxed beef values in the morning report. Weekend clearance of beef is expected to be good, but nothing stellar. Consistent pressure in grain contracts is the main focus of early live cattle trade. This limited feeder cattle buyers from entering the market Wednesday also. Lean hog futures are mixed at midday with pressure in deferred futures being offset by gains in nearby contracts.

Posted 10:52 -- Initial support in lean hog futures quickly eroded as buyer depth was shallow. This has allowed all but front month ...

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