NEWS
DTN Closing Livestock Comments
Rick Kment DTN Analyst
Tue Aug 12, 2014 03:19 PM CDT

GENERAL COMMENTS:

There was a little cash cattle business reported Tuesday in Nebraska at $155 live and $248 dressed, and in Iowa at $245 to $248 dressed. Asking prices are not well defined. According to the closing report, the Iowa hog base is $3.30 lower compared with the Prior Day settlement ($109.00-$112.50, weighted average $110.46). Corn futures closed marginally higher, up 1 3/4 in the September and up 3/4 in the December.

LIVE CATTLE:

Futures closed lower, down 100 to 300. Losses in front-month August live cattle contracts were limited by the daily trading limit of $3 per ...

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