NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Mon Sep 30, 2013 03:51 PM CDT

GENERAL COMMENTS:

The cash cattle trade was typically quiet as packers limited their efforts to the collection of new showlists. Ready numbers are mixed, smaller in the South and larger in the North. Overall, the offering appears to be about steady with last week. Some feedlots suggested early asking prices around $128-$129 in the South and $203-$205 in the North. According to the closing report, the Iowa hog base closed $2.91 lower compared with the Prior Day settlement $77.00-95.00 (weighted average $89.80). The corn market slumped generally 12 cents lower, pressured by a Sept. 1 inventory of 824 million ...

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