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DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Mon Jul 7, 2014 04:18 PM CDT

GENERAL COMMENTS:

Feedlot activity was limited to the distribution of new showlists. The early July offering appears to be somewhat larger than last week with only Kansas showing fewer ready steers and heifers. Preliminary asking prices are around $160-plus in the South and $255-plus in the North. According to the closing report, the Iowa hog base is $3.41 higher compared with the prior day settlement ($125.25-$132.00, weighted average $130.81). Corn futures stumbled out of the gate again, pressured by near ideal growing conditions. Most contacts settled 7-9 cents lower. The stock market softened today as investors looked to the ...

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