DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Feb 27, 2014 04:38 PM CST


The cash cattle trade was generally quiet following the midweek price explosion. A few scattered sales were reported in the North at $240 dressed and $152.50 live. According to the closing report, the Iowa hog base compared with the Prior Day's closing weighted average is $2.17 higher ($89.00 to $101.00, weighted average $98.96). The corn market slumped by 5-7 cents, pressured by a late-session sell-off in the bean pit. The stock market climbed higher Thursday after Federal Reserve Chair Yellen said the central bank would probably continue tapering its asset purchases while tracking data to figure how ...

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