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


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
  • Back to Beans Growers considering moving a field from continuous corn back into soybeans should pay special att...
  • The Attraction of Youth Combine genotyping with a yearling bull, or even a weanling, and you're less likely to make a poo...
  • Kubota Steps Up A new mid-range, high-horsepower M7 tractor moves this company into the row-crop arena.
  • SCO Sticker Shock Costs and potential disconnect with county yields make the Supplemental Coverage Option a hard se...
  • Clean Water Goes a Long Way Cleaning up 900 feet of a small creek in Kentucky brings rebirth to water once choked with sedime...
  • Clean Air Lawsuits Filed Several environmental and animal-welfare groups argue in two lawsuits that there is well-document...
  • Ag and Environment Outlook Agriculture continues to watch how the U.S. Environmental Protection Agency implements the propos...
  • Surgery on Plastics Dharma Kodali's goal is to insert soybean oil in the basic ingredient list for PVC plastics.
  • Ask the Vet How should I treat a cow with a swelling on her flank?
Related News Stories
DTN's Livestock Quick Takes
DTN Before The Bell-Livestock
The Market's Fine Print
DTN Before The Bell-Livestock
DTN Before The Bell-Livestock
Harrington's Sort & Cull
Beef Checkoff Effort Resumes
Ask The Vet