DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Jan 24, 2013 04:45 PM CST


Cattle buying interesting in the North improved significantly through the day with Nebraska reporting moderate trade volume as high as $198-$199, $1-$2 higher than last week's weighted dressed average. The late market tone stood in stark contrast to the limp bids and business seen Wednesday. Conversely, the South was largely lifeless. According to the closing report, the Iowa hog base closed .17 higher compared with the Prior Day settlement ($84.50-$89.50, weighted average $87.75). The corn market finished on a mixed basis with March and May 1-3 cents higher and deferred mostly 4 cents lower. The stock market ...

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