NEWS
Rick Kment DTN Analyst
Fri May 2, 2014 12:02 PM CDT

OMAHA (DTN) -- Feeder cattle futures seem to be nearly limitless during the first two trading days of May. Sharp triple-digit gains are seen in all but front-month May contracts as August and September contracts are holding gains of $2.50 and higher. It is likely that daily trading limits may be tested before closing bell once again. Early softness in live cattle futures has eroded, allowing for strong buying to step into the market after aggressive feeder cattle gains. Lean hog futures remain weak, but are still off of session lows set earlier in the morning.

Posted 11:17 -- Livestock ...

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