DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Wed Jul 24, 2013 03:57 PM CDT


Light trading surfaced in parts of Kansas with live business marked steady with last week (i.e., $119). Elsewhere the cash market remained at a standstill with both sides content to delay work until Thursday or Friday. According to the closing report, the Iowa hog base closed 0.61 higher compared with the Prior Day settlement $88.00-$102.00, (weighted average $98.67). The corn board continued to slump lower in the face of near-perfect pollination prospects and rising yield estimates. Spot September dropped more than 14 cents while the balance of the pit eroded by 4-5 cents. The stock market finished ...

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