NEWS
Rick Kment DTN Analyst
Fri Jan 30, 2015 11:20 AM CST

OMAHA (DTN) -- Triple-digit gains have developed in both nearby live cattle and feeder cattle futures despite lack of cash cattle trade activity and lower beef values through the morning. The focus on end-of-the-month position squaring and adjustments in front of the cattle inventory report, which will be released Friday afternoon, has pushed nearby contracts over $1 per cwt. Hog futures are mixed to mostly lower, but have bounced well off of session lows as traders get ready to close out the month of January.

Posted 10:24 -- Initial support in the cattle complex has eroded Friday morning with nearby ...

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