NEWS
DTN Before The Bell--Livestock
Rick Kment DTN Analyst
Thu Feb 28, 2013 08:55 AM CST
GENERAL COMMENTS:

Cattle futures are posting light to moderate support through early morning trade with the expectation that additional support may develop in beef values. Lean hog futures are mixed as weakness in cash markets may limit buyer support. Corn futures are trading higher in early electronic trade. Stock markets are trading higher, with Dow Jones posting a 20-point gain, while Nasdaq is up 3 points.

LIVE CATTLE:

Opening call: Steady to 30 cents higher. Light but supportive price moves in boxed beef values continue to drive additional support into nearby live cattle futures. Trade in deferred contracts is expected ...

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