NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Wed Apr 2, 2014 03:43 PM CDT

GENERAL COMMENTS:

No one in cattle feeding country seemed very interested in talking cash business Wednesday. Indeed, we really didn't even see token bids surface. Some showlists were priced around $153 in the South and $246-plus in the North. According to the closing report, the Iowa hog base compared with the Prior Day's closing weighted average is $1.93 lower ($113 to $130, weighted average $127.79). Commercial selling and profit taking worked to drive corn futures 8-12 cents lower on the close. Equities finished in positive territory for the fourth-consecutive session Wednesday with the S&P 500 touching a fresh high. ...

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