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DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Mon Aug 18, 2014 04:32 PM CDT

GENERAL COMMENTS:

Packer activity in cattle country was typically limited to the distribution of new showlists. The fed offering looks smaller in Texas, Nebraska and Colorado, but larger in Kansas. A few asking prices were suggested around $157-$158 in the South and $248-$250 in the North. According to the closing report, the Iowa hog base is 1.81 lower compared with the Prior Day settlement ($94.00-$102.50, weighted average $101.85). Corn futures generally settled a nickel lower as late-season growing weather continues to look benign. The stock market jumped higher as geopolitical tensions eased. The Dow closed up 175 points with ...

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