NEWS
Rick Kment DTN Analyst
Wed Jan 15, 2014 11:42 AM CST

OMAHA (DTN) -- Softness in cash hog prices and pork carcass values in this morning reports led to lean hog futures backing away from session highs, although moderate to strong gains are still holding in nearby lean hog futures as traders look for support from the cattle market and potential higher prices in the afternoon hog reports. Cattle futures are still aggressive with feeder futures expanding mid-morning gains to nearly $1.50 per cwt at midday.

Posted 10:38 -- Strong buyer support seen in early trade has continued to hold. Nearby contracts are trading at or near $1 per cwt in both ...

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