DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Mon Nov 26, 2012 04:37 PM CST


For the most part, it was a typically quiet Monday in cattle country with showlist distribution the main order of business. However, several thousand steers and heifers did trade in Texas at $128, steady with last week. New showlists appear to be generally larger, especially in the South. According to the closing report, the Iowa hog base closed .47 higher compared with the Prior Day settlement ($68.00-$79.01, weighted average $77.03). Corn futures finished mostly 2-3 cents higher, supported by greater export optimism and strength in the bean pit. The stock market eased off session lows to close ...

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