DTN Ag Host Midday Livestock

It’s been a fruitful day for the cattle contracts as both the live cattle and feeder cattle futures are trading $3.00 higher into Wednesday’s noon hour. Still no cash cattle trade has developed and both bids and asking prices have yet to be established. March corn is down 3 1/4 cents per bushel and March soybean meal is down $0.80. The Dow Jones Industrial Average is up 42.63 points and NASDAQ is down 9.83 points.