NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Wed Feb 12, 2014 11:50 AM CST

GENERAL COMMENTS:

Initial support in livestock futures has quickly faded near midday with pressure from both market fundamentals and outside market shifts. Moderate losses are seen across the livestock complex, which may hold until closing bell. Corn futures are lower at midday. March corn futures are 1 cent per bushel lower. Stock markets are mixed in light trade. The Dow Jones is 39 points lower while Nasdaq is up 7 points.

LIVE CATTLE:

Early follow-through buyer support quickly developed Wednesday morning, but this strength was short lived due to lack of additional buyer interest creating a vacuum through morning trade. ...

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