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
  • Enlist Cotton Approved USDA has made its final decision to deregulate Dow AgroScience's Enlist cotton trait, which means...
  • Market Moves Weaning and preconditioning top the list of aggravating and expensive chores for most ranchers. C...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Senior Partners - 4 Except for family sales, seller financing virtually vanished after the farm crisis of the 1980s w...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Woodbury: Farm Family Business Agendas don't always lead to immediate decisions, but can still cement your family unity.
  • Multi-Year Losses Spur Concern The recent price rally offered growers a welcome opportunity to price 2014 and 2015 crops, but it...
  • Ask the Vet The vet says my calf had Mannheimia. What is that?
Related News Stories
DTN's Livestock Quick Takes
DTN Before The Bell-Livestock
The Market's Fine Print
DTN Before The Bell-Livestock
DTN Before The Bell-Livestock
Disaster Program for Bird Flu Expected