NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Jan 30, 2014 04:13 PM CST

GENERAL COMMENTS:

In striking contrast to the runaway action so common through most of January, the late-month trade continues to be slow in developing this week. Packer bids were limited to a few token efforts in parts of the North at $230-$234. Asking prices held firm at $148-$150 in the South and $240 to $240-plus in the North. According to the closing report, the Iowa hog base compared with the Prior Day's closing weighted average is $0.38 higher ($75.00 to $83.25, weighted average $80.61). The corn trade moved 4-6 cents higher, boosted by commercial buying and decent weekly export ...

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