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DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Mon Aug 11, 2014 04:23 PM CDT

GENERAL COMMENTS:

Activity in feedlot country was typically limited to the distribution of new showlists. The offering appears to be generally larger than last week, especially in Texas. A few showlists have been initially priced around $162 pus in the South and $253 to $255-plus in the North. According to the closing report, the Iowa hog base is $0.52 lower compared with the Prior Day settlement ($103.00-$114.00, weighted average $113.81). Corn futures closed 4-5 cents higher thanks to short covering and positioning ahead of the August crop reported scheduled for release Tuesday. The stock market closed higher for a ...

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