NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Tue Jun 10, 2014 03:47 PM CDT

GENERAL COMMENTS:

The fed cattle trade hardly made signs of life with just a few bids of $142 noted in parts of Kansas. Asking prices remained firm around $147 in the South and $235 to $236-plus in the North. According to the closing report, the Iowa hog base is $1.48 higher compared with the Prior Day settlement ($106.00-$116.01, weighted average $114.72). The corn market continued to spiral lower, pushed further down the steps by positive growing weather and spillover vibes left from China's decision to pull the plug on DDGS from the U.S. Most contracts settled 3-5 cents lower. ...

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