NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Tue Nov 12, 2013 04:02 PM CST

GENERAL COMMENTS:

Par for the Tuesday course, the cash cattle trade remained extremely quiet with packer bids virtually nonexistent. Here and there, ready cattle were priced around $133-$134 in the South and $208-$209 in the North. According to the closing report, the Iowa hog base is 0.35 lower compared with the Prior Day settlement ($77.00-$84.50, weighted average $82.01). Corn futures finished 2-3 cents lower as traders ignored a rally in the bean pit and took profits in the wake of the recent rally. The stock market closed lower following a two-session rise that had the Dow Jones Industrial Average ...

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