NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Fri Dec 28, 2012 04:16 PM CST

GENERAL COMMENTS:

Light to moderate trade volume surfaced in most areas of feedlot country. Most live business was marked at $127, $1 higher than last week. Dressed trades in the North were mostly done at $202 (a few at $203), $2 higher than last week's weighted average basis Nebraska. According to the closing report, the Iowa hog base closed .09 lower compared with the Prior Day settlement ($68.00-85.50, weighted average $81.43). Corn futures settled generally 2-4 cents higher, supported by strength in the wheat pit and late-year profit taking. The stock market took another beating for the fifth-consecutive day ...

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