NEWS
Mon Jan 21, 2013 08:41 AM CST
Live Cattle:

Last week's late-week market collapse shifts the short-term trend to down, although the well-established long-term uptrend denoted on the weekly nearby continuous chart remains intact

Feeder Cattle: Feeder futures have found some support in short-covering and profit-taking, and the premium status of the cash index has encouraged some spec buying.

Lean Hogs: Hogs have displayed choppy action recently, but both the short- and long-term trends basically remain neutral.

Feed Corn: The trend of the market is up.

Soybean Meal: The trend of the market is sideways to up.

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