MARKETS NEWS
DTN Midday Livestock Comments
John Harrington DTN Livestock Analyst
Fri Aug 1, 2014 12:00 PM CDT

GENERAL COMMENTS:

Light trade volume is evident in several areas of cattle feeding country at midday. Dressed prices in parts of the North are near steady at $258. Live sales in Kansas have been reported at $163, steady/firm with last week's weighted average (though some lower from top sales late last Friday. Trade volume should slowly increase through the day, though it remains to be seen whether or not short-bought packers will be required to move closer to higher asking prices. According to the midday report, the national hog base is 2.25 lower compared with the Prior Day settlement ($111.00-120.00, ...

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