NEWS
DTN Before The Bell-Livestock
Rick Kment DTN Analyst
Thu Jan 23, 2014 09:08 AM CST
GENERAL COMMENTS

Livestock futures are lower early Thursday following additional aggressive midweek moves in cattle prices. Traders are busy squaring positions and taking profits given the building volatility in the market over the last few trading sessions. Corn futures are trading higher in early electronic trade. Stock markets are trading lower, with Dow Jones posting a 150-point loss, while Nasdaq is down 28 points.

LIVE CATTLE:

Opening call: 50 to 70 cents lower. Moderate to sharp losses are developing through the complex early Thursday. Following the aggressive triple-digit rally midweek, there is likely to be some market pullback, as traders ...

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