DTN Midday Livestock Comments
Rick Kment DTN Analyst
Fri Jan 30, 2015 11:24 AM CST


Buyer support is firming through the livestock complex at midday with nearby live cattle and feeder cattle contracts holding moderate to strong support as the focus shifts to end of the month positioning. There is some support expected to hold with the cattle inventory report expected to show a 1% drop in all cattle numbers from year ago levels. Corn prices are lower in light trade. March corn futures are 5 cents per bushel lower. Stock markets are lower in light trade. The Dow Jones is 94 points lower while Nasdaq is down 4 points.


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