NEWS
DTN Midday Livestock Comments
John Harrington DTN Livestock Analyst
Mon Jun 24, 2013 12:21 PM CDT

GENERAL COMMENTS:

Activity in the cash cattle trade is limited to the distribution of new showlists. The new offering appears to be generally larger with only Colorado feedlots showing fewer steers and heifers than the prior week. According to the midday report, the Iowa hog base is reportable due to rules of confidentiality. On the other hand, the national base compared with the Prior Day's closing weighted average is $1.41 lower ($95.50 to $99, weighted average $97.37). Yet please note that the national negotiated dressed volume at midday totals only 2,818 head. The corn trade near midday is 8-12 cents ...

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