NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Wed Apr 30, 2014 03:55 PM CDT

GENERAL COMMENTS:

The cash cattle radar at midweek continues to show a blank screen with buyers not even bothering with token bids. Some showlists are priced around $148 in the South and $238-plus in the North. According to the closing report, the Iowa hog base is 0.86 higher compared with the Prior Day settlement ($108.00-$114.00, weighted average $111.91). Corn futures closed 2-4 cents lower, pressured by profit taking and increase in ethanol stocks. The stock market rose at midweek with the Dow Jones Industrial Average hitting its first record close of the year. The Dow closed 45 points higher ...

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