NEWS
Rick Kment DTN Analyst
Tue May 7, 2013 12:03 PM CDT

OMAHA (DTN) -- Moderate buyer support continues to step into the lean hog futures market at midday. This has pushed prices 20 to 50 cents per cwt higher. Firmness in pork values in the morning report and expectations of firmer cash values is enticing buyers back into the market. Live cattle futures are mixed in a narrow range in nearby contracts, although deferred futures are attracting additional pressure. Softness in live cattle futures surrounds longer term beef market uncertainty.

Posted 10:55 -- Live cattle and lean hog futures have attracted light buyer support through mid-morning with nearby contracts posting mixed prices, ...

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