DTN Midday Livestock Comments
Rick Kment DTN Analyst
Tue Aug 19, 2014 12:06 PM CDT


Feeder cattle futures appear to be calling the shots Tuesday morning as lack of follow through buyer support has turned markets sharply lower at midday. The aggressive pressure in feeder cattle markets may test limit losses before the session is lower. This pressure in feeder cattle prices is eroding any sense of support which may have existed in both live cattle and lean hog futures. Corn futures are mixed at midday. September corn futures are 1/2 cent per bushel higher. Stock markets are higher in light trade. The Dow Jones is 78 points higher while Nasdaq is up ...

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