NEWS
DTN Closing Livestock Comments
Rick Kment DTN Analyst
Tue May 7, 2013 03:34 PM CDT

GENERAL COMMENTS:

No cash cattle trade noted so far, but basis is expected to be strong when trade does develop. According to the closing report, the Iowa hog base closed 2.96 higher compared with the Prior Day settlement ($74.00-$91.00, weighted average $90.42). The corn market closed mostly higher, up 1 to 3 1/2. The nearby May contract was 2 1/4 lower.

LIVE CATTLE:

Futures closed lower, down 25 to 50. Early support in live cattle futures was unable to hold Tuesday as traders continue to question short- and long-term beef demand growth potential. June futures led the nearby ...

Quick View
  • Dr. Dan Talks Agronomy DTN Contributing Agronomist Dan Davidson gives his take on the Six Secrets of Soybean Success pro...
  • Mountain Top Prices North Carolina's mountain cattle producers have always been an independent bunch. But a new allia...
  • 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...
  • Saving Our Forgotten Harvest About 40% of America's food goes uneaten each year. This nonprofit is working to remedy that prob...
  • Look Beyond Yield Soybean industry increases efforts to promote the importance of oil and protein content to farmer...
  • Ask the Vet Is this fly-control mineral block safe for my whole herd?
Related News Stories
DTN's Livestock Quick Takes
DTN Before The Bell-Livestock
DTN Before The Bell-Livestock
The Market's Fine Print
DTN Before The Bell-Livestock