FARM BUSINESS NEWS
DTN Midday Livestock Comments
John Harrington DTN Livestock Analyst
Fri Jan 31, 2014 11:38 AM CST

GENERAL COMMENTS:

The cash cattle trade remains dead quiet with initial bids far below asking prices. A few bids in the South are noted at $142 to $143, well below asking prices of $148 to $150. Significant trade volume may not develop until late this afternoon. According to the midday report, the national hog base is $0.05 lower compared with the Prior Day settlement ($77.50-82.00, weighted average $79.99). Corn futures are lower, down about 1 cent.

LIVE CATTLE:

Mixed, mostly 15 to 25 lower. Live cattle contracts opened significantly lower, pressured by news that National Beef plans to close its ...

Quick View
  • Dr. Dan Talks Agronomy DTN Contributing Agronomist Dan Davidson gives his take on the Six Secrets of Soybean Success pro...
  • Mountain Top Prices North Carolina's mountain cattle producers have always been an independent bunch. But a new allia...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Senior Partners - 4 Except for family sales, seller financing virtually vanished after the farm crisis of the 1980s w...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Saving Our Forgotten Harvest About 40% of America's food goes uneaten each year. This nonprofit is working to remedy that prob...
  • Look Beyond Yield Soybean industry increases efforts to promote the importance of oil and protein content to farmer...
  • Ask the Vet Is this fly-control mineral block safe for my whole herd?
Related News Stories
DTN's Quick Takes
DTN Before The Bell Grain Comments
DTN Early Word Opening Livestock
DTN Early Word Grains
DTN Closing Grain Comments
DTN Midday Grain Comments
Gulke: Showdown Time
DTN Before The Bell Grain Comments
DTN Early Word Opening Livestock
DTN Early Word Grains