DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Wed Jan 15, 2014 03:58 PM CST


Light to moderate cattle trading developed at midweek with some producers responding to sharply higher packer bids. Light to moderate trade developed in parts of the South at $142, $3 higher than last week. Light to moderate dressed business surfaced in parts of the North at $125 to $127, $4 to $6 higher than last week. According to the closing report, the Iowa hog base compared with the Prior Day's closing weighted average is $0.04 lower ($74.00 to $81.00, weighted average $78.63). Corn futures closed lower, down 5 3/4 in the March and down 6 in the ...

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