DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Fri Feb 28, 2014 04:11 PM CST


From Friday to Friday, livestock futures scored the following changes: Feb LC, Up 7.40 Apr LC, Up 3.52; Mar FC, Up 1.00; May FC, Up 1.48; Apr LH, Up 7.50; May LH, Up 4.40. The cash cattle trade was very quiet Friday with just a few scattered sales reported in parts of the North (e.g. $240 basis Iowa). Apparently, most of feedlot selling was completed on Wednesday at sharply higher prices. According to the closing report, the Iowa hog base compared with the Prior Day's closing weighted average is $2.55 higher ($88.00 to $104.00, weighted average $101.26). ...

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