Tuesday, March 11, 2014 10:00AM CDT
U.S. Agriculture Secretary Tom Vilsack vigorously defended country-of-origin labeling for red meat at the National Farmers Union's annual convention in Santa Fe, N.M., on Monday.
Corn futures are lower at 6 a.m. CST; soybeans lower; wheat unchanged.
Expect lean hog futures to open with decent follow-through strength as fundamentals continue to support higher. Live and feeder contracts are set to open moderately higher, supported by stronger cut-outs and bullish action in the hog and pork complex.