NEWS
Rick Kment DTN Analyst
Thu Oct 30, 2014 11:54 AM CDT

OMAHA (DTN) -- Lean hog futures remain weak with losses in spot December hovering between $1.70 and $2 per cwt given the lack of support in market fundamentals and expected growth of hog supplies. Triple-digit losses are consistent through the hog complex as traders are quickly readjusting to the lack of support. Cattle trade has bounced off of morning pressure, but pressure in deferred contracts continues to limit gains of nearby buyer support.

Posted 11:02 -- Initial support in cattle futures has eroded through morning trade. Some additional end-of-the-month positioning is expected to start filtering back into the complex. Live ...

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