NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Jul 17, 2014 04:02 PM CDT

GENERAL COMMENTS:

Light trade was generated in the Northern tier of cattle feeding country following Wednesday's generally active round of business. Dressed deals in Nebraska and Iowa looked steady/firm with the previous day (i.e., $247 to $248). The South was generally quiet. According to the closing report, the Iowa hog base is $2.41 lower compared with the Prior Day settlement ($119.00-$130.00, weighted average $127.87). Corn futures settled fractionally higher, largely apathetic between higher wheat trading and lower bean prices. The stock market closed significantly lower as investors fled equities and other risky assets after the crash of a passenger ...

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