NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Fri Nov 28, 2014 03:34 PM CST

GENERAL COMMENTS:

Despite limited trade volume generated on Wednesday and the appearance of greater slaughter needs through the first full week of December, cattle buyers didn't seem to care Friday, content to eat Thanksgiving leftovers and stay parked in front of flat screens watching football. Right or wrong, we can only assume that packers will start out on Monday extremely close to the knife. According to the closing report, the Iowa hog base closed $0.68 lower compared with the Prior Day settlement ($77.00-$87.50, weighted average $86.00). The corn market closed generally 2-3 cents lower, pressured in part by aggressive ...

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