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DTN Early Word Livestock Comments      03/02 06:26
   Cattle Unable to Find Support

   Cattle futures have been, and continue to be, in trouble as funds liquidate.
Feedlots may have held out too long anticipating higher prices and may have to
settle for no better than steady money after spending more money on high-priced
feed. Hogs remain in a more bullish posture with the uptrend intact and traders
continued interest in buying breaks.
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An investment in futures and options on futures contracts is speculative, involves a high degree of risk and is suitable only for persons who can assume the risk of loss in excess of their margin deposits. You should carefully consider whether futures trading is appropriate for you in light of your investment experience, trading objectives, financial resources, and other relevant circumstances. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
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