DTN Ag Host Midday Livestock

The cattle complex is rallying aggressively into Tuesday’s noon hour as traders are pleased with the market’s fundamentals although they understand risk still remains; still, they believe in the short term, enough downside has been endured. Still no developments have surfaced in the fed cash cattle market. March corn is up 5 1/4 cents per bushel and January soybean meal is down $1.40. The Dow Jones Industrial Average is up 243.12 points and NASDAQ is up 162.28 points.