NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Jul 11, 2013 04:08 PM CDT

GENERAL COMMENTS:

Reporters covering the cash cattle market once again came up empty Thursday. Packer bids actually seemed more limited than they were Wednesday. Just a few bids resurfaced in Nebraska at $190. Asking prices remained firm at $121-$122 in the South and $196-plus in the North. According to the closing report, the Iowa hog base closed $1.90 lower compared with the Prior Day settlement ($84.00-$104.83, weighted average $98.35). Corn traders quickly shrugged off well-anticipated supply and demand data to refocus on hot weather prospects. Contracts rallied impressively from session lows to close mostly higher. Stocks roared higher to ...

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