MARKETS NEWS
DTN Midday Livestock Comments
John Harrington DTN Livestock Analyst
Fri Jun 28, 2013 12:08 PM CDT

GENERAL COMMENTS:

Short-bought cattle buyers are finally beginning to show some signs of life. Several thousand steers and heifers have traded in parts of the South at $120, fully steady with last week. We've seen a few bids of $118 live and $192-194 dressed in parts of Nebraska. Buying interest could heat-up over the noon hour and into early afternoon with packers at least moving closer to asking prices of $122 in the South and $195-196 in the North. According to the midday report, the Iowa hog base compared with the Prior Day's closing weighted average is $2.25 lower ($95.00 ...

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