NEWS
DTN Closing Livestock Comments
Rick Kment DTN Analyst
Mon Oct 21, 2013 04:03 PM CDT

GENERAL COMMENTS:

Cash cattle trade was nonexistent Monday. According to the closing report, the Iowa hog base closed at $88.69 (weighted average), 1.36 lower; the full price range was $76.00 to $93.00. Corn futures closed modestly higher, up 2 1/2 to 3.

LIVE CATTLE:

Futures closed mostly higher, up 7 to 25. The December was down 12 and Feb and Apr contracts were unchanged. Live cattle futures closed mixed in a narrow range following a very uneventful trading session. Light to moderate buyer support which developed at midday due to strength in boxed beef was unable to be ...

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