NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Fri Aug 8, 2014 03:52 PM CDT

GENERAL COMMENTS:

Light to moderate cash trading surfaced in several states, though the North seemed to more cattle than the South. Most dressed deals in the Nebraska and Iowa ranged between $250-$252, $4-$6 lower than last week's weighted average basis Nebraska (though extremes of $253 and $248 were reported). Kansas saw a light round of live business at $160, roughly $3 lower than the prior week. Texas did not appear to be tested. According to the closing report, the Iowa hog base is .15 lower compared with the Prior Day settlement ($104.00-$115.00, weighted average $114.32). From Friday to Friday ...

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