NEWS
DTN Before The Bell--Livestock
Rick Kment DTN Analyst
Thu Mar 28, 2013 08:58 AM CDT
GENERAL COMMENTS:

Livestock futures are expected to open mixed in a narrow trading range. The sharp gains in the live cattle futures Wednesday is allowing for spillover support to redevelop in nearby contracts. But deferred contracts remain under pressure as there still is a lot of concern surrounding longer-term beef demand. Corn futures are trading lower in early electronic trade. Stock markets are higher in light trade.

LIVE CATTLE:

Opening call: Mixed. Early movement in the live cattle futures market is expected to remain choppy at best. Early gains are expected to slowly step into the market based on spillover ...

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