NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Mon Apr 8, 2013 04:59 PM CDT

GENERAL COMMENTS:

Showlist distribution was the main activity employing feedlot managers and packers. The new offering is generally smaller with only Kansas showing a few more ready steers and heifers. The sample of preliminary asking prices ranged from $129-$130 live in parts of the South and $207-plus dressed in parts of the North. According to the closing report, the Iowa hog base closed 0.99 lower compared with the Prior Day settlement ($67.00-$81.75, weighted average $79.36). The corn market finished on a mixed basis with old crop up 2-4 cents and new crop off 3-4. Stocks reversed their early losses ...

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