NEWS
DTN Midday Livestock Comments
John Harrington DTN Livestock Analyst
Wed Jan 30, 2013 12:09 PM CST

GENERAL COMMENTS:

Cattle-buying interest is improving some in parts of the South. Indeed, Kansas is reporting a light trade at $125, $3 higher than last week. We also understand that some lots in Oklahoma and Texas have been bid as high as $125. On the other hand, Northern cash remains completely untested with few bids evident in the face of asking prices as high as $203-plus. According to the midday report, the Iowa hog base is $2.29 higher compared with the Prior Day settlement ($76.00-89.50, weighted average $86.95). Old crop corn futures are 6-7 cents higher thanks to seasonal and ...

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