NEWS
DTN Before The Bell-Livestock
Rick Kment DTN Analyst
Fri Feb 7, 2014 09:04 AM CST
GENERAL COMMENTS

Light to moderate support is developing across the livestock futures market early Friday. Trade volume is likely to remain extremely light, but this could create moderate additional uncertainty in the complex based on developments of cash and wholesale meat values as the session continues. Corn futures are trading lower in early electronic trade. Stock markets are trading higher, with Dow Jones posting a 64-point gain, while Nasdaq is up 31 points.

LIVE CATTLE:

Opening call: Steady to 20 cents higher. Early movements in live cattle futures are expected to remain sluggish with overnight trade limited to extremely narrow ...

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