DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Tue Mar 18, 2014 04:12 PM CDT


The cash cattle trade was a no-show with a general absence of packer bids and poorly defining asking prices. A few feedlot managers suggested asking prices of $151-plus in the South and $245-plus in the North. According to the closing report, the Iowa hog base compared with the Prior Day's closing weighted average is $2.01 higher ($115.00 to $123.00, weighted average $121.13). The corn market closed generally 5-7 cents higher, supported by strong weekly export sales. The stock market built on Monday's jump, supported when Putin said Russia was not looking to divide Ukraine. The Dow closed ...

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