NEWS
Rick Kment DTN Analyst
Fri May 22, 2015 12:16 PM CDT

OMAHA (DTN) -- Moderate gains have developed in nearby feeder cattle futures as the few traders still around ahead of the Memorial Day holiday try to work through the lower-than-expected feeder cattle placements seen in April. Additional support is expected to step into the market when more trade volume develops Tuesday. Live cattle and lean hog futures remain mixed in narrow trading ranges. Markets will reopen Tuesday morning following the Memorial Day holiday on Monday.

Posted 11:49 -- July corn is down 3 1/2 cents, July soybeans are down 8 cents, and July Chicago wheat is down 6 cents. Grains ...

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