NEWS
DTN Before The Bell--Livestock
Rick Kment DTN Analyst
Tue May 21, 2013 09:01 AM CDT
GENERAL COMMENTS:

Livestock futures are expected to trade mostly higher early in the session. Feeder cattle futures are holding triple-digit gains going into pit trade's opening bell. Corn futures are lower early. The stock market is higher. Dow Jones is 51 points higher, and Nasdaq is up 10 points.

LIVE CATTLE:

Opening call: Steady to 50 cents higher. Light to moderate buying is expected initially. This could support follow-through buying much of the morning. Traders are focusing on direction from the boxed beef markets and outside market shifts before becoming too aggressive. Cash cattle activity remains quiet despite the expectation ...

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