DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Fri Feb 8, 2013 03:45 PM CST


Light to moderate trade volume developed in cattle country today with Northern feedlots reluctantly accepting lower packer bids. Specifically, most dressed deals in Nebraska were marked at $200, generally $2 lower than last week's weighted average. Moderate business surfaced in the South earlier in the day, but prices managed to hold basically steady with last week at $125. According to the closing report, the Iowa hog base closed $1.05 lower compared with the Prior Day settlement ($75.00-85.81, weighted average $84.70). The corn market closed lower, down 1 3/4 in the March and down 3 1/4 in the ...

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