DTN Morning Comments on Livestock; Live & Feeder Cattle, and Lean Hogs

Cattle Futures to Open Cautiously Mixed as Trader Wait for Cash News

Live and feeder contracts seem set to open slowly mixed with traders split over cash prospects and the technical significance of yesterday’s sell-off. Lean hogs are likely to begin moderately higher thanks to bull spreading interest and stronger carcass value.
By John Harrington DTN Livestock Analyst
Cattle: Steady-$1 HR Futures: mixed Live Equiv $130.72 + 0.06* Hogs: Steady-0.50 HR Futures: 10-30 HR Lean Equiv $110.66 + $1.39** * based on formula estimating live cattle equivalent of gross packer revenue ** based on formula estimating lean hog equivalent of gross packer revenue

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http://sweetfutures.com/2013/dtn-morning-comments-on-livestock-live-feeder-cattle-and-lean-hogs/

The risk of trading futures and options can be substantial. Trading foreign exchange carries a high degree of risk, and may not be suitable for all investors. All information, publications, and reports, including this specific material, used and distributed by Sweet Futures 1, LLC shall be construed as a solicitation. Sweet Futures 1 does not distribute research reports, employ research analysts, or maintain a research department as defined in CFTC Regulation 1.71. This website contains information obtained from sources believed to be reliable, but its accuracy is not guaranteed by Sweet Futures 1. Past performance is not necessarily indicative of future results.

DTN Morning Comments on Grains

Grains Mixed Early Friday

Corn futures are lower at 6 a.m. CDT; soybeans higher; wheat higher.
By Darin Newsom DTN Senior Analyst
6:00 a.m. CME Globex: Corn 1/4 cent lower, soybeans 5 cents higher (November), and wheat 2 cents higher.
CME Globex Recap: Grains were quiet again overnight with traders seemingly waiting on something to happen in the weather. Corn posted another three cent trading range while wheat moved six cents and soybeans eight cents. Outside commodities were mostly lower with gold posting a sharp $24 loss.

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http://sweetfutures.com/early-word-opening-grains/

The risk of trading futures and options can be substantial. Trading foreign exchange carries a high degree of risk, and may not be suitable for all investors. All information, publications, and reports, including this specific material, used and distributed by Sweet Futures 1, LLC shall be construed as a solicitation. Sweet Futures 1 does not distribute research reports, employ research analysts, or maintain a research department as defined in CFTC Regulation 1.71. This website contains information obtained from sources believed to be reliable, but its accuracy is not guaranteed by Sweet Futures 1. Past performance is not necessarily indicative of future results.