NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Wed Mar 6, 2013 04:13 PM CST

GENERAL COMMENTS:

Light to moderate trade volume surfaced in Kansas and Texas with most steers and heifers marked at $128, steady with last week. Scatter business was also reported in parts of Nebraska at $203-204, steady/firm with last week's weighted average. Some producers with hedged cattle quickly dropped higher asking prices once futures plunged and attractive basis levels became available. According to the closing report, the Iowa hog base closed 0.68 higher compared with the Prior Day settlement ($62.00-79.75, weighted average $77.48). Old-crop corn futures imploded by 14 to 24 cents, smashed by aggressive commercial selling. Equities ended higher ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Cattle Market There may be a little less bull in this fall's calf market, but the fundamentals still spell oppo...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 2 Iowa farmland owners Fred and Lodean Cook may consider flexible cash leases for the first time th...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Senior Partners - 5 This fatherly financial advice is meant to prevent heartaches should the farm economy suffer anot...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl answers readers' questions on depreciation recapture, defining a "true" lease and ...
  • Ask the Vet Does my calf have a hernia and is it repairable?
Related News Stories
DTN's Livestock Quick Takes
DTN Before The Bell-Livestock
DTN Before The Bell-Livestock
DTN Before The Bell-Livestock
DTN Before The Bell-Livestock
The Market's Fine Print