DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Feb 21, 2013 04:34 PM CST


While cattle country was largely paralyzed by the major snow storm, several thousand steers and heifers were reported in Nebraska and Iowa at $195-$196 (i.e., stead/weak with last week, but not enough for a true test). According to the closing report, the Iowa hog base closed 0.69 lower compared with the Prior Day settlement ($68.50-$79.00, weighted average $77.78). The corn market slumped 9-10 cents lower, pressured by ideas that so-called Winter Storm Q was just another constructive step in breaking the drought cycle. Stocks were sharply lower for most of the session, pressured by disappointing economic reports ...

Quick View
Related News Stories
DTN's Livestock Quick Takes
DTN Before The Bell-Livestock
DTN Before The Bell-Livestock
DTN Before The Bell-Livestock
Harrington's Sort & Cull
DTN Before The Bell-Livestock