DTN Midday Livestock Comments
Rick Kment DTN Analyst
Thu Apr 17, 2014 11:51 AM CDT


Moderate-to-strong buyer support is seen in June through August lean hog futures following firming longer term demand support. Cattle futures are quickly moving in the other direction posting triple digit losses in nearby futures contracts. End-of-week positioning seems to be the main priority of most traders. Corn futures are lower at midday. May corn futures are 4 cents per bushel lower. Stock markets are mixed in light trade. The Dow Jones is 5 points lower while Nasdaq is up 5 points.


Initial early pressure which developed in the live cattle market, have expanded near midday. This ...

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