NEWS
DTN Before The Bell-Livestock
John Harrington DTN Livestock Analyst
Wed Jan 29, 2014 09:00 AM CST
GENERAL COMMENTS

The cash hog market has opened with bids of steady to $1 higher. Most of the effort appears to be steady to .50 higher. Given frigid temperatures across production country, early movement may be very light and it may take stronger bids to motivate sellers to open barns. Furthermore, extreme wintry conditions along the East Coast have closed all of Smithfield's plants in that region. Cattle country remains very quiet this morning with opening bids poorly defined. Asking prices are around $150 in the South and $242-243 plus in the North. Corn futures are 1-2 cents lower in ...

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