DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Sep 5, 2013 03:42 PM CDT


Cattle buyers and sellers remained at arm's length throughout the day with only scattered trade reported in parts of the North. For the most part, bids and asking prices seemed to be separated by $4-$5. Once again, a meaningful market test will be delayed until Friday. According to the closing report, the Iowa hog base closed 0.44 lower compared with the Prior Day settlement $74-$92 (weighted average $89.90). Despite deteriorating crop ratings and higher bean prices, corn futures closed mostly 8-10 cents lower, checked in part by rumors of good early yields in parts of the Eastern ...

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