NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Oct 31, 2013 05:08 PM CDT

GENERAL COMMENTS:

Cash cattle business was limited with just a string of steers and heifers in Northern Kansas marked at $212, $4 higher than last week (we are told they won't be delivered until the second week of November). Generally speaking, packer bids (i.e., $130-$132 in the South, $208 in the North) weren't tempting enough to get producers to pull the trigger. Asking prices remained firm at $135 in the South and $210-$212 in the North. According to the closing report, the Iowa hog base compared with the Prior Day's closing weighted average is $1.02 lower ($75.00 to $86.00, ...

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