DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Tue Jun 25, 2013 03:43 PM CDT


According to the closing report, the Iowa hog base closed 0.59 higher compared with the Prior Day settlement ($95.00-103.00, weighted average $100.95). As expected, the cash cattle trade was a complete no-show with only a few token bids of $117 surfacing in parts of Kansas. Some showlists were loosely priced around $122-plus in the South and $195- to $196-plus in the North. While spot July corn closed 3 ½ cents higher in the face of tight cash corn supplies, the balance of the pit settled several cents lower. Wall Street logged gains across the board, erasing most ...

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