NEWS
DTN Closing Livestock Comments
Rick Kment DTN Analyst
Wed Sep 25, 2013 04:37 PM CDT

GENERAL COMMENTS:

The cash cattle arena recorded no traffic with buyers and sellers pretty much ignoring one another. A few bids of $123 were noted in parts of the South, well below asking prices of $126-$127. Some Northern showlists were priced around $198 to $200-plus. According to the closing report, the Iowa hog base closed 0.89 lower compared with the Prior Day settlement $81.00-$95.75 (weighted average $92.26). Corn futures settled mostly 5-6 cents higher, supported by impressive strength in the wheat pits. Stocks ended lower with the Dow and S&P closing in the red for the fifth-straight day. Floor ...

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