NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Dec 6, 2012 04:27 PM CST

GENERAL COMMENTS:

Although feedlot managers saw a few more bids from beef packer earlier in the day (especially in the North), buying interest never seemed to be in danger of sparking significant trade volume. For the most part, asking prices remained firm at $128 in the South and $200-plus in the North. According to the closing report, the Iowa hog base closed $2.12 lower compared with the Prior Day settlement ($81.00-$85.00, weighted average $83.68). Old-crop corn futures finished 5-6 cents lower, ignoring further strength in soybeans to focus on discouraging weekly export totals. Equities scored a modest gain in ...

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