NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Aug 29, 2013 05:09 PM CDT

GENERAL COMMENTS:

The cash cattle trade remained up on blocks Thursday with few packers even bothering to throw out token bids. Asking prices remained firm at $125 in the South and $200 in the North. According to the closing report, the Iowa hog base closed .80 lower compared with the Prior Day settlement $84.00-93.00, weighted average $87.28). Though still supported by hot temperatures, corn futures only closed modestly higher for the most part with bullish enthusiasm checked by international uncertainty surrounding Syria. Stocks finished in positive territory but closed off session highs as lingering worries over Syria put a ...

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