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DTN Midday Livestock Comments
John Harrington DTN Livestock Analyst
Mon Dec 3, 2012 12:19 PM CST

GENERAL COMMENTS:

The cash cattle trade is limited to the distribution of news showlists. The new offering appears generally larger than last week with only Texas taking fewer numbers. Some producers have suggested asking prices of $128-plus in the South and $203-plus in the North. According to the midday report, the negotiated cash trade of dressed Iowa barrow and gilts is called $2.15 higher ($71-86.10, weighted average $85.46). Nearby corn futures popped a good deal higher on the opening but are not trading just 1-2 cents in the black. The higher opening on Wall Street quickly deflated, and the major ...

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