DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Wed Jul 16, 2014 04:19 PM CDT


Light trade developed in parts of the South this afternoon with live business steady (Texas) to $1.00 lower (Kansas). Better buying interest seems to be surfacing late in parts of Nebraska with some bids around 244.00-246.00. According to the closing report, the Iowa hog base closed 1.65 lower compared with the Prior Day settlement ($125.00-$133.00, weighted average $130.47). Corn futures closed generally a nickel higher, supported by midweek short covering and buying in the bean pit. The stock market closed higher thanks to decent corporate earnings. The Dow climbed 77 points higher, with the Nasdaq higher by ...

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