NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Wed Feb 12, 2014 04:07 PM CST

GENERAL COMMENTS:

The cash cattle trade was not tested today with bids and asking prices poorly defined. Despite being short-bought, packers remain cautious in the face of defensive wholesale beef prices. According to the closing report, the Iowa hog base compared with the Prior Day's closing weighted average is $0.22 higher ($75.00 to $85.75, weighted average $83.64). Corn futures closed mixed, down about 1 cent in the old-crop contracts, steady to 2 higher in the new crop.

LIVE CATTLE:

Futures closed lower, down 440 to 70. Live cattle settled moderately lower today, pressured by profit-taking and signs of ...

Quick View
  • Crop Tech Corner In this week's Crop Tech Corner, researchers produce orange-colored corn with sight-saving capabi...
  • Year-Round Cow Kelly Smith believes fetal programming through good nutrition for dams yields better steers and h...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Cash Will Be King Years of $6-and-up corn couldn't last forever. Some proactive grain farmers are bolstering their ...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • COOL Appeal Likely in 2015 Agriculture Secretary Tom Vilsack said the U.S. might not file an appeal of the country-of-origin...
  • Ask the Taxman by Andy Biebl Readers ask if they can offset futures losses against cattle income, roll hedges forward tax-free...
  • Ranch Hands Two families take different approaches to building income from trail rides, roundups and real-lif...
  • Ask the Vet Why isn't my flea and tick control for dogs working?
Related News Stories
Court Denies COOL Appeal
Harrington's Sort & Cull
DTN's Livestock Quick Takes
The Market's Fine Print
DTN Before The Bell-Livestock
DTN Before The Bell-Livestock
DTN Before The Bell-Livestock