DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Tue Jul 8, 2014 03:53 PM CDT


As expected, the cash cattle trade went untested today with neither bids or asking prices assuming meaningful definition. Some feedlot managers priced cattle around $160-$162 in the South and $255 in the North. According to the closing report, the Iowa hog base is .25 lower compared with the Prior Day settlement ($122.00-$133.00, weighted average $130.40). The corn market closed 1-2 cents lower with selling interest tied to sharp losses in old-crop beans and a general lack of concern for the growing new crop. U.S. stocks skidded lower on Tuesday as investors braced for quarterly earnings. The Dow ...

Quick View
Related News Stories
DTN's Livestock Quick Takes
The Market's Fine Print
DTN Before The Bell-Livestock
CME Shortens Livestock Trading Hours
DTN Before The Bell-Livestock
DTN Before The Bell-Livestock