NEWS
DTN Before The Bell-Livestock
Rick Kment DTN Analyst
Tue Jul 30, 2013 08:52 AM CDT
GENERAL COMMENTS:

Sharp losses have redeveloped in the lean hog futures market through overnight traded futures. This lack of support is developing following uncertainty about short and intermediate demand for pork through the rest of the summer. Additional supply concerns are creeping into the market with traders focusing on the lower feed costs and potential impact on long-term hog production levels. Live cattle futures are called to open mixed in a narrow range. Corn futures are trading higher in early trade. The stock market is trading higher. The Dow Jones Index is 66 points higher while Nasdaq is up 14 ...

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