NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Fri Jan 18, 2013 04:13 PM CST

GENERAL COMMENTS:

The cash cattle trade was barely tested today with just a few dressed sales reported in parts of Kansas, Nebraska and Iowa. Some feedlots sold cattle at $195, $3 lower than Wednesday's market and nearly $8 lower than a week ago. According to the closing report, the Iowa hog base closed $0.73 lower compared with the Prior Day settlement ($78.00-$89.50, weighted average $85.74). The corn market settled modestly higher, up 2 to 4 cents.

LIVE CATTLE:

Futures closed mixed, mostly lower, down 15 to 165. Although live cattle futures settled on a mixed basis, nearby contracts ...

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