NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Wed Nov 13, 2013 03:37 PM CST

GENERAL COMMENTS:

The cash cattle trade at midday essentially remained grounded. A few starter bids were floated in parts of the South at $129. Asking prices stayed firm at $133-$134 in Kansas and Texas, $208-$209 in the North. According to the closing report, the Iowa hog base is 0.35 lower compared with the Prior Day settlement ($77.50-$83.75, weighted average $81.53). Corn futures finished 3-5 cents lower, checked by a general lack of news and buying enthusiasm. The stock market moved higher through the close with the Dow and the S&P 500 finishing at record levels. The Dow settled 70 ...

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