NEWS
Rick Kment DTN Analyst
Mon Oct 7, 2013 12:04 PM CDT

OMAHA (DTN) -- Sharp losses have developed in nearby feeder cattle futures at midday. October feeder cattle futures are holding 90 cent losses despite general lack of activity in the market and driven by uncertainty in both corn and live cattle futures. Nearby corn contracts are holding 3 to 4 cent gains at midday, which is some of the most aggressive support seen over the last week. Live cattle losses are limited, but the inability to bounce higher after buyer support returned to lean hog futures is creating additional market uncertainty.

Posted 11:11 -- Moderate buyer support slowly developed in ...

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