NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Fri Mar 1, 2013 11:59 AM CST

GENERAL COMMENTS:

Livestock futures have been contained to narrow, and mixed price moves through Friday morning. The lack of additional strong direction in either cash markets or meat-product values has allowed for sluggish commercial involvement through both cattle and hog markets. Corn futures are trading higher at midday in light trade. March corn futures are holding 5 cent gains at midday. Stock markets are higher in light trade. The Dow Jones is 42 points higher while Nasdaq is up 7 points.

LIVE CATTLE:

The momentum in the live cattle futures market seems to come down to where markets will close ...

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