NEWS
DTN Before The Bell-Livestock
John Harrington DTN Livestock Analyst
Fri Aug 23, 2013 09:01 AM CDT
GENERAL COMMENTS:

Hog buyers are sticking with what works. Opening bids this morning are generally 0.50-$1 lower. Packers and feedlot managers are facing yet another 11th-hour cattle trade. Cattle bids are not readily evident in the early rounds. Asking price will be initially restated around $125-plus in the South and $200-plus in the North. Some think significant business could be delayed until after the release of the August 1 on-feed report set for release at 2 p.m. CST. Corn futures are likely to open 5-7 cents higher, supported by forecasts of hot temps over critical growing areas and short covering ...

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