NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Mon Dec 9, 2013 05:02 PM CST

GENERAL COMMENTS:

Activity in the cash cattle arena was limited to the distribution of new showlists. The country offering appears to be mixed, somewhat larger in Colorado, Nebraska and Texas, but considerably smaller in Kansas. According to the closing report, the Iowa hog base compared with the Prior Day's closing weighted average is $1.96 lower ($67.00 to $78.75, weighted average $76.76). Note that trade volume was extremely light (e.g., 637 head basis negotiated carcass). Corn futures closed 3-4 cents higher, bolstered by solid export inspections and positioning before Tuesday's USDA reports. The stock market closed higher as Wall Street ...

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