NEWS
DTN Midday Livestock Comments
Rick Kment DTN Analyst
Tue Oct 21, 2014 11:46 AM CDT

GENERAL COMMENTS:

Early mixed price direction in lean hog futures has quickly eroded following strong triple digit pressure in the overall carcass value Tuesday morning. This is creating additional concern that additional widespread pressure may push nearby futures prices to or below $85 per cwt. Mixed trade is seen in nearby live cattle futures despite light gains in beef values in the morning report. Deferred live cattle futures are heavily influenced by the triple digit losses in feeder cattle trade. Corn prices are higher in light trade. December corn futures are 3 cents per bushel higher. Stock markets are higher ...

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