NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Fri Oct 17, 2014 11:54 AM CDT

GENERAL COMMENTS:

Feeder cattle futures continue to remain volatile, trading limit higher trade Thursday for limit down price moves at midday Friday. The weaker tone in the feeder cattle market is leaving live cattle contracts unsupported, allowing for losses between $1 and $2 per cwt to quickly step back into the complex. Corn prices are lower in light trade. December corn futures are 2 cents per bushel lower. Stock markets are higher in light trade. The Dow Jones is 273 points higher while Nasdaq is up 60 points.

LIVE CATTLE:

Triple-digit losses are seen through the entire live cattle complex ...

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