NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Wed Feb 6, 2013 04:00 PM CST

GENERAL COMMENTS:

According to the closing report, the Iowa hog base closed 0.94 lower compared with the Prior Day settlement ($78.00-$90.00, weighted average $88.10). The cash cattle market at midday staged all the liveliness of a ghost town. A few scattered bids of $123 were evident in parts of the South, but beyond that, buying interest was generally too dead to skin. Some showlists were priced around $127-$128 in the South and $205-plus in the North. Corn futures settled 5-7 cents lower, pressured by cautious before the release of new S&D tables on Friday and fund liquidations. Although stocks ...

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