NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Mon Feb 11, 2013 03:59 PM CST

GENERAL COMMENTS:

Activity in cattle country was restricted to the distribution of new showlists. Generally speaking, this week's offering of ready steers and heifers looks smaller, especially in Kansas and Nebraska. Some producers priced stock around $127 in the South and $203-plus in the North. According to the closing report, the Iowa hog base closed $1.40 lower compared with the Prior Day settlement ($75.50-84.50, weighted average $83.12). Corn futures faltered another 4-7 cents, pressured by defensive action in the wheat and bean pits. The stock market finished slightly lower in lackluster trading as investors remained cautious amid a lack ...

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