DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Jun 27, 2013 04:39 PM CDT


The fed cattle trade was not tested Thursday with only a thin sample of bids of the table. Showlists remained firmly priced at $122 in the South and $195 to $196-plus in the North. According to the closing report, the Iowa hog base closed .80 higher compared with the Prior Day settlement ($89.00-103.00, weighted average $100.35). In a final round of pre-report trading, most new-crop corn futures settle nearly a nickel lower as traders braced themselves for the possibility of bearish news. Stocks closed near daily highs, rallying for a third-straight session. Prices were lifted by a ...

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