DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Mon Jun 24, 2013 04:08 PM CDT


The cash cattle trade was limited to the distribution of new showlists. Ready numbers appear to be generally larger than last week with only Colorado showing fewer steers and heifers. Some cattle were priced around $122-plus in the South and $195 to $196-plus in the North. According to the closing report, the Iowa hog base closed $1.14 higher compared with the Prior Day settlement ($95.47-$104.00, weighted average $100.69). Corn futures finished generally 8-10 cents lower, pressured by long liquidation ahead of month-ending reports, improving crop conditions and outside markets. Stocks closed in the red but well off ...

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