DTN Midday Livestock Comments
Rick Kment DTN Analyst
Fri Feb 12, 2016 12:08 PM CST


Moderate pressure has developed Friday morning as early morning buyer support was unable to hold in both live cattle and feeder cattle markets. Lean hog futures are advancing support which started Thursday, based on stability in market fundamentals. Trade is expected to remain sluggish through the rest of the complex, which could limit market ranges at closing bell. Futures markets will remain closed Monday for President's Day, opening Tuesday. Corn prices are lower. March corn futures are 0.5 cent lower. Stock markets are higher in active trade. The Dow Jones is 245 points higher while Nasdaq is up ...

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