NEWS
DTN Closing Livestock Comments
Rick Kment DTN Analyst
Thu Nov 21, 2013 03:41 PM CST

GENERAL COMMENTS:

Light cash cattle business surfaced in parts of the South with prices $1-$2 lower at $130-$131 (mostly $131, $1 lower). Elsewhere, bids and asking prices were poorly defined. According to the closing report, the Iowa hog base compared with the Prior Day's closing weighted average is $2.14 lower ($75.00 to $77.50, weighted average $76.42). The corn market finished generally 4-6 cents higher with the help of spillover buying from the bean pit. With the stock market continuing to climb, the Dow Jones Industrial Average posting its first finish above 16,000. Traders give some of the credit to ...

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