NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Mon Aug 26, 2013 04:40 PM CDT

GENERAL COMMENTS:

Activity in cattle country was limited to the distribution of new showlists. The late-August offering is larger than last week, especially in Kansas. Some feedlot managers suggested initial asking prices around $125-plus in the South and $200-plus in the North. According to the closing report, the Iowa hog base closed 0.18 lower compared with the Prior Day settlement $78.00-$95.00, weighted average $89.97). The corn trade exploded higher thanks to Pro Farmer's bullish production estimate, sizzling hot late-summer temperatures, and surging bean prices. Generally speaking, contracts spiked 20-30 cents higher. The stock market reversed earlier gains in the ...

Quick View
  • Enlist Cotton Approved USDA has made its final decision to deregulate Dow AgroScience's Enlist cotton trait, which means...
  • Market Moves Weaning and preconditioning top the list of aggravating and expensive chores for most ranchers. C...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Batten Down the Hatches Purdue economists forecast multiple years of negative or narrow margins for corn and soybean prod...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Woodbury: Farm Family Business Agendas don't always lead to immediate decisions, but can still cement your family unity.
  • Multi-Year Losses Spur Concern The recent price rally offered growers a welcome opportunity to price 2014 and 2015 crops, but it...
  • Ask the Vet The vet says my calf had Mannheimia. What is that?
Related News Stories
Disaster Program for Bird Flu Expected
DTN's Livestock Quick Takes
DTN Before The Bell-Livestock
Two COOL Bills Introduced in Senate
DTN Before The Bell-Livestock