MARKETS NEWS
DTN Midday Livestock Comments
John Harrington DTN Livestock Analyst
Fri May 10, 2013 12:05 PM CDT

GENERAL COMMENTS:

Feedlot business is very limited at this time with just a few deals reported in parts of Colorado at $126.50 (nearly $4 below last week's weighted average). According to the midday report, the Iowa hog base is not quoted due to a lack of volume. Corn futures are struggling near midday, pressured by new s&d tables that included larger than expected carryout totals for both 2012-2013 (i.e., 757 mb) and 2013-2014 (i.e., 2.004 bb). Prices are generally 9-16 cents lower at this time. The stock market is lackluster with major indexes mixed. The Dow is 25 points lower ...

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