NEWS
Rick Kment DTN Analyst
Fri Sep 27, 2013 12:04 PM CDT

OMAHA (DTN) -- Live cattle futures continue to gain additional buyer support. Nearby contracts have moved to session highs after shrugging off initial uncertainty. Traders are focusing on firmness in boxed beef values while cash cattle prices are expected to be higher by the end of the week. Lean hog futures are gaining moderate support in nearby contracts based on expected short term supply tightness.

Posted 11:02 -- Moderate buyer support redeveloped through morning trade as both nearby lean hog and live cattle futures have bounced moderate higher. Traders are still uncertain about supply availability over the coming weeks and months, ...

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