NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Jan 31, 2013 04:20 PM CST

GENERAL COMMENTS:

According to the closing report, the Iowa hog base closed $2.05 lower compared with the Prior Day settlement ($77.00-$91.00, weighted average $88.89). The cash cattle trade was a no-show today with just the slight scattering of packer bids (i.e., $198-$199 in the North, $125 in the South). Clearly, buyers felt trapped between tight feedlot offerings and struggling demand for boxed beef. Corn futures closed narrowly mixed with old-crop prices marginally higher and new-crop contracts 1-2 cents lower. The stock market closed lower, pressured by a batch of disappointing corporate earnings and a rise in first-time jobless claims. ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Racing the Clock For Brian Marshall, the clock starts the minute a new calf hits the ground. Within the first four...
  • Hay Baling Safety Important Looking at it as a sporting event, mid-July is the halftime of the hay baling season in most of t...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • Klinefelter: By the Numbers Peak prices since 2007 didn't slow megafarm consolidation. Mid-size operators may need to collabo...
  • Corn's Hidden Highways Scientists are rewriting the route to better hybrids.
  • Ask the Vet Before implanting heifers that will be bred, consult with a veterinarian to be sure fertility won...
Related News Stories
Appeals Court Upholds Meat Labels
DTN Before The Bell-Livestock
DTN's Livestock Quick Takes
Zilmax Effects Disputed
Ask The Vet
Racing the Clock
DTN Before The Bell-Livestock
Tyson to Shed Three Plants
Tyson Mexico Poultry Biz Sold