NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Wed Jun 25, 2014 04:16 PM CDT

GENERAL COMMENTS:

Cattle feeding country remained dead quiet with even token bids tough to find. Asking prices were firm at $152-$153 in the South and $242-plus in the North. According to the closing report, the Iowa hog base is $0.40 lower compared with the Prior Day settlement ($120.50-$129.00, weighted average $126.08). Corn futures settled as much as 2 cents lower, generally pressure by positive growing conditions and a general lack of buying interest. Equities rose on Wednesday as Wall Street traders wagered the economy is rebounding from its worst quarterly performance in five years. The Dow closed 49 points ...

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