NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Jul 3, 2014 03:06 PM CDT

GENERAL COMMENTS:

From Friday to Thursday livestock futures scored the following changes: Jun LC, Up 3.88, Aug LC, Up 2.55; Aug FC, Up 3.30; Sep FC, Up 2.92; Jul LH, Up .82; Aug LH, Up 1.78. The cash cattle trade was limited to scattered sales in parts of the North. Late-week activity was limited thanks to decent movement on Wednesday as feedlots responded to another round of sharply higher packer bids. According to the closing report, the Iowa hog base is 1.09 lower compared with the Prior Day settlement ($124.75-$129.75, weighted average $127.50). Corn futures closed modestly lower with ...

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