NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Apr 10, 2014 04:44 PM CDT

GENERAL COMMENTS:

Besides a few scattered sales in parts of Nebraska and Iowa, the cash cattle trade put in another quiet session. For the most parts, preliminary bids remained well below asking prices around $150 in the South and $243-plus in the North. According to the closing report, the Iowa hog base is $3.67 lower (on light receipts of only 1,954) compared with the Prior Day settlement ($107.00-$122.00, weighted average $120.10). Corn settled fractionally mixed with planting nervousness offset by defensive action in the wheat and bean pits. The stock market stumbled badly on the close with technology and ...

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