DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Wed Feb 26, 2014 04:05 PM CST


The cash cattle market turned unusually active at midweek with short-bought packers aggressively bidding for tight feedlot supplies. Most dressed sales in the North were marked at $240, nearly $9 higher than last week's weighted average basis Nebraska. Live business in Colorado, Nebraska and Iowa took place at $152, $5 to $6 higher than a week ago. Cash business in the South was more limited with some cattle trading in Kansas at $150, $5 to $6 higher. According to the closing report, the Iowa hog base compared with the Prior Day's closing weighted average is 1.80 higher ...

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