NEWS
DTN Before The Bell-Livestock
Rick Kment DTN Analyst
Wed Jan 22, 2014 09:04 AM CST
GENERAL COMMENTS

Livestock futures are called lower following lack of renewed buyer support in both the cattle and hog futures markets. Higher corn market prices early Wednesday is leading to a sense of market correction through the entire livestock market. Corn futures are trading higher in early electronic trade. Stock markets are trading mixed, with Dow Jones posting a 29-point loss, while Nasdaq is up 5 points.

LIVE CATTLE:

Opening call: 10 to 30 cents lower. Midweek market corrections are seen early Wednesday morning. This lack of follow-through buying has very little to do with changing the trend of the ...

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