NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Dec 12, 2013 04:01 PM CST

GENERAL COMMENTS:

Packer inquiry in cattle country improved Thursday, but not enough to generate any selling interest. Preliminary live bids around $130 fell $3 to $4 below most asking prices. According to the closing report, the Iowa hog base compared with the Prior Day's closing weighted average is .46 higher ($68.00 to $80.00, weighted average $78.72). The corn market faltered by nearly a nickel, pressured by selling pressure in the bean pit, struggling outside markets, and the introduction of a bill in the Senate to eliminate the ethanol mandate. For the third consecutive session, the stock market closed lower ...

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