NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Feb 13, 2014 05:01 PM CST

GENERAL COMMENTS:

The cash cattle market was lightly tested in parts of the South with a few live deals marked at $142, $1 higher than last week's thin trade. For the most part, cattle buyers decided to wait until Friday before covering immediate kill needs. According to the closing report, the Iowa hog base compared with the Prior Day's closing weighted average is $1.97 higher ($75.00 to 87.50, weighted average $85.43). Corn futures closed narrowly mixed, gleaning little help from aggressive buying in the bean pit. The stock market climbed higher, supported by better-than-expected earnings from companies like Goodyear ...

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