NEWS
DTN Before The Bell--Livestock
Rick Kment DTN Analyst
Wed May 8, 2013 08:55 AM CDT
GENERAL COMMENTS:

Livestock futures are trading mixed heading into opening bell of pit trade. Follow-through buying in the lean hog futures is expected to be countered by additional pressure in the cattle complex during morning trade. Corn futures are trading lower in early trade. The stock market is trading lower. Dow Jones is 27 points lower, and Nasdaq is down 3 points.

LIVE CATTLE:

Opening call: Mixed. Traders are still focusing on the pressure in the feeder cattle futures market as well as lack of firm support through the boxed beef values heading into midweek. Although there is an assumption ...

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