NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Wed Sep 18, 2013 04:05 PM CDT

GENERAL COMMENTS:

True to form, the cash cattle market remained untested at midweek. We saw a pen of high-grading steers in Iowa sell as high as $124, but generally speaking, packers didn't have a time in the game. Some asking prices were around $125 in the South and $196-plus in the North. According to the closing report, the Iowa hog base closed $2.16 lower compared with the Prior Day settlement $89.75-101.23 (weighted average $94.25). The corn trade generally closed 2 cents higher, supported by outside markets. The stock market finished sharply higher with the Dow and S&P 500 logging ...

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