NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Sep 26, 2013 03:56 PM CDT

GENERAL COMMENTS:

The cattle trade was another sleeper with just a small handful of $123 bids noted in parts of the South. Asking prices remained firm at $126-$127 in the South and $198 to $200-plus in the North. According to the closing report, the Iowa hog base closed 0.02 higher compared with the Prior Day settlement $78.00-$94.50 (weighted average $92.45). The corn market rallied late in the session to close several cents higher, supported by further strength in the wheat complex. Stocks closed modestly higher in choppy trading, allowing major averages to narrowly avoid a six-day losing streak. The ...

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