NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Mon Oct 20, 2014 12:01 PM CDT

GENERAL COMMENTS:

Sharp gains have quickly redeveloped through the live cattle and feeder cattle markets. The focus through the complex has been on tight supplies, which at least temporarily has offset any demand concerns about selling beef at current to higher price levels. Lean hog futures are mixed in a narrow to moderate trading range as nearby contracts are weighing on earlier market support. Corn prices are lower in light trade. December corn futures are 2 cents per bushel lower. Stock markets are mixed in light trade. The Dow Jones is 52 points lower while Nasdaq is up 29 points.

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