NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Feb 28, 2013 03:49 PM CST

GENERAL COMMENTS:

Cattle buying interest is really heating up this afternoon with packers bidding as high as $127-$128 in the South (i.e., $2-$5 higher than last week). A few cattle in Kansas have traded that way, but most area producers continue to pass, holding for $128 or better. Bids in the North rose to $203-$204 (i.e., $5-$6 higher than last week's weighted average basis Nebraska). A few cattle in Nebraska and Iowa have sold at $204. According to the closing report, the Iowa hog base closed 0.64 higher compared with the Prior Day settlement ($62.50-$78.75, weighted average $76.86). The ...

Quick View
  • Enlist Cotton Approved USDA has made its final decision to deregulate Dow AgroScience's Enlist cotton trait, which means...
  • Market Moves Weaning and preconditioning top the list of aggravating and expensive chores for most ranchers. C...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Senior Partners - 4 Except for family sales, seller financing virtually vanished after the farm crisis of the 1980s w...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Woodbury: Farm Family Business Agendas don't always lead to immediate decisions, but can still cement your family unity.
  • Multi-Year Losses Spur Concern The recent price rally offered growers a welcome opportunity to price 2014 and 2015 crops, but it...
  • Ask the Vet The vet says my calf had Mannheimia. What is that?
Related News Stories
DTN's Livestock Quick Takes
DTN Before The Bell-Livestock
The Market's Fine Print
DTN Before The Bell-Livestock
DTN Before The Bell-Livestock
Disaster Program for Bird Flu Expected