NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Mon Apr 29, 2013 04:14 PM CDT

GENERAL COMMENTS:

Cattle buyers collected new showlists this morning and then headed for home. Ready numbers appear to be smaller with only Kansas showing more steers and heifers than last week. Preliminary asking prices were around $130-plus in the South and $207-plus in the North. According to the closing report, the Iowa hog base closed $1.97 higher compared with the Prior Day settlement ($73.00-$86.25, weighted average $84.50). Corn futures surged sharply higher with the first three contracts closing up the 40-cent limit. Fears of planting delays appeared to be the main factor motivating buyers. The stock market finished near ...

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