NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Wed May 1, 2013 04:59 PM CDT

GENERAL COMMENTS:

Light to moderate trade volume surfaced in Texas and Kansas with most steers and heifers marked at $128, fully steady with last week. Kansas sold a thousand or so at $129, $1 higher. The northern tier of cattle feeding country was generally quiet, although a few lots in Nebraska and Colorado reported bids as high as $129 to $131. According to the closing report, the Iowa hog base closed $1.89 higher compared with the Prior Day settlement ($74.00-90.00, weighted average $87.84). The corn trade finished generally 1-7 cents lower, pressured in part by sharply lower old-crop beans ...

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