NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Aug 7, 2014 04:11 PM CDT

GENERAL COMMENTS:

Scattered sales were reported in parts of cattle country with prices generally lower than last week (though volume seemed too thin to identify a definite trend). Some cattle were marked at $161 in parts of Texas, about a buck below that state's weighted average last week). A sample of dressed deals in parts of the North ranged from $253-$255, $1-$3 short of last week's weighted average basis Nebraska. Though no doubt softened some by the board's beating, asking prices generally remain above last week's market (i.e., $163-$164 in the South, $255-$258 in the North). According to the ...

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