NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Wed Jul 10, 2013 04:51 PM CDT

GENERAL COMMENTS:

The fed cattle trade remained untested with both bids and asking prices poorly defined. A few token bids surfaced in parts of the South at $117. Preliminary bids in the North were seen here and there at $190. Asking prices were around $121-$122 in the South and $196-plus in the North. According to the closing report, the Iowa hog base closed 0.38 higher compared with the Prior Day settlement $95.00-$102.50, (weighted average $100.33). Generally speaking, corn futures settled steady to a nickel higher, supported by hot weather forecasts over the next several weeks. The stock market finished ...

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