NEWS
DTN Midday Livestock Comments
John Harrington DTN Livestock Analyst
Tue Nov 12, 2013 12:02 PM CST

GENERAL COMMENTS:

Feedlot country is at a standstill with bids and asking prices poorly defined. Some steers and heifers have been priced around $133-134 in the South and $208-209 in the North. According to the midday report, the Iowa hog base is $3.16 lower compared with the Prior Day settlement ($78.00-81.50, weighted average $79.20). Yet note that this test is very light with only 673 head reported on a negotiated basis. The corn market is modestly lower in late-morning business, checked by profit taking and late harvest selling. The stock market is declining after a two-session rise with Wall Street ...

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