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
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Cattle Market There may be a little less bull in this fall's calf market, but the fundamentals still spell oppo...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 2 Iowa farmland owners Fred and Lodean Cook may consider flexible cash leases for the first time th...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Senior Partners - 5 This fatherly financial advice is meant to prevent heartaches should the farm economy suffer anot...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl answers readers' questions on depreciation recapture, defining a "true" lease and ...
  • Ask the Vet Does my calf have a hernia and is it repairable?
Related News Stories
DTN's Livestock Quick Takes
DTN Before The Bell-Livestock
DTN Before The Bell-Livestock
DTN Before The Bell-Livestock
The Market's Fine Print