NEWS
DTN Closing Livestock Comments
Rick Kment DTN Analyst
Tue Jul 16, 2013 03:22 PM CDT

GENERAL COMMENTS:

Trade is quiet Tuesday with a few asking prices around $122 in the South and $196-plus in the North. Action may again be delayed until Friday. According to the closing report, the Iowa hog base closed $1.11 higher compared with the Prior Day settlement ($85.00-$100.00, weighted average $98.83). Corn futures closed higher, up 9 in the September and up 7 1/4 in the December through July contracts.

LIVE CATTLE:

Futures closed mixed, down 32 to up 12. Live cattle futures closed mixed Tuesday following up and down movements through the session. The expectation that seller activity ...

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