NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Nov 29, 2012 04:22 PM CST

GENERAL COMMENTS:

Light cattle trading developed in parts of the North with dressed sales marked at $202, $1-$2 above the Nebraska/Iowa weighted averages. Yet for the most part, cattle buyers kept their hands pocketed in the face of higher asking prices (i.e., $130 in the South, $205-plus in the North). According to the closing report, the Iowa hog base closed .99 higher compared with the Prior Day settlement ($77.70-$83.00, weighted average $80.53). Corn futures faltered by 3 to 8 cents thanks to renewed worries regarding export demand. The stock market closed higher for a second session with the Dow ...

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