DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Wed Feb 20, 2013 03:42 PM CST


Light trade volume surfaced in parts of Texas near midday with live business marked at $123, steady with last week. Although some Northern producers reported decent packer inquiry, most buyers were reluctant to suggest bids that might be interpreted as attractive. According to the closing report, the Iowa hog base closed 0.98 lower compared with the Prior Day settlement ($66.00-$80.00, weighted average $78.31). The corn market closed 3-5 cents higher, supported by commercial buying and spillover enthusiasm from the bean pit. Equities ended near session lows thanks in part to the Federal Reserve's meeting minutes that signaled ...

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