NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Mon May 13, 2013 03:52 PM CDT

GENERAL COMMENTS:

Activity in feedlot country was typically limited to the distribution of new showlists. The mid-month offering appears to be generally steady with smaller numbers in the South and larger number in the North. While asking prices were poorly defined, a few feedlot managers suggested ideas around $128 in the South and $205-plus in the North. According to the closing report, the Iowa hog base closed .60 higher compared with the Prior Day settlement ($85.00-90.00, weighted average $88.25). Corn futures bolted sharply higher with old-crop contracts closing 14 to 30 cents in the black on worries of planting ...

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