NEWS
DTN Before The Bell--Livestock
Rick Kment DTN Analyst
Tue Jul 23, 2013 09:00 AM CDT
GENERAL COMMENTS:

Livestock futures are called to open higher as renewed commercial buyer support is redeveloping. The drop in overall pork inventories in freezers is sparking a strong front-month gain in the August contracts. This may not be enough to change the overall direction of cash markets, but could spark increased commercial interest short term. Corn futures are trading lower in early trade. The stock market is trading higher. The Dow Jones Index is 49 points higher while Nasdaq is up 3 points.

LIVE CATTLE:

Opening call: Steady to 40 cents higher. Moderate but widespread support is expected to step ...

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