MARKETS NEWS
DTN Midday Livestock Comments
John Harrington DTN Livestock Analyst
Fri Nov 15, 2013 12:13 PM CST

GENERAL COMMENTS:

Cattle buyers may be short bought, but they're still taking their own sweet time in tackling necessary procurement chores. Bids are few and far between at midday, but such apathy should start to shift over the next several hours. We have actually seen a few scattered sales in Texas at $132, $1 higher than last week. Asking prices remain firm at $133-134 in the South and $208-209 in the North. According to the midday report, the Iowa hog base is $1.32 lower compared with the Prior Day settlement ($75.00-84.90, weighted average $78.66). After opening higher, corn futures have ...

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