FARM BUSINESS NEWS
DTN Midday Livestock Comments
John Harrington DTN Livestock Analyst
Fri Jul 12, 2013 12:10 PM CDT

GENERAL COMMENTS:

Cash cattle traders appear to be in no hurry to start the ball rolling at midday. Scattered bids have been reported at $117 in the South and $190-$192 in the North, but such efforts remain far away from asking prices of $121-$122 in the South and $196-plus in the North. Look for light to moderate business sometime this afternoon once buyers and sellers find some compromise both can live with. According to the midday report, the National hog base compared with the Prior Day's closing weighted average is $1.69 lower ($86.00 to $100.00, weighted average $95.51). September and ...

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