DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Tue Apr 15, 2014 03:48 PM CDT


The cash cattle trade remained at a standstill through the day with both bids and asking prices poorly defined. Some producers priced showlists are $149-$150 in the South and $242 to $243-plus in the North. According to the closing report, the Iowa hog base is $1.36 lower (on light receipts of only 1,954) compared with the Prior Day settlement ($105.00-$117.56, weighted average $117.56). The corn trade finished no better than fractionally mixed, pretty much ignoring sharply higher action in the wheat and bean pits. The stock market turned higher late Tuesday, with the Nasdaq making its largest ...

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