NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Jan 23, 2014 03:59 PM CST

GENERAL COMMENTS:

The cash cattle trade was very quiet Thursday following the dramatic midweek rally. WTD trade volume looks decent in the North, but somewhat light in the North. Unsold steers and heifers still on showlists are priced around $150 in the South and $242-plus in the North. According to the closing report, the Iowa hog base compared with the Prior Day's closing weighted average is $2.38 higher ($69.00 to $82.50, weighted average $81.62). The corn market finished generally 2-3 cents higher, partially girded by a lack of commercial selling. Equities declined sharply on Thursday, pressured in large part ...

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