NEWS
DTN Before The Bell--Livestock
Rick Kment DTN Analyst
Thu Jan 17, 2013 09:09 AM CST
GENERAL COMMENTS:

Early trade is gaining price support early in the session as traders focus on the potential shift in outside markets through the end of the week. Initial commercial and noncommercial buying activity that is seen in the live cattle market is seemingly discounting any pressure in the cash market. Corn futures are trading lower in early electronic trade. Stock markets are trading higher, with Dow Jones posting a 41-point gain, while Nasdaq is up 14 points.

LIVE CATTLE:

Opening call: Steady to 40 cents higher. Although trade activity is expected to remain sluggish through most of the morning, ...

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