NEWS
DTN Midday Livestock Comments
John Harrington DTN Livestock Analyst
Tue Jul 29, 2014 12:09 PM CDT

GENERAL COMMENTS:

Cattle country is very quiet today with few bids reported. Some asking prices have been identified around $168-170 in the South and $265-270 in the North. According to the midday report, the national hog base is 0.56 lower (on a very light test) compared with the Prior Day settlement ($120.00-122.00, weighted average $121.02). Corn futures are 6-9 cents lower, pressured by long liquidation and general ideas of a big crop in the making. The stock market is bouncing higher at midday with the Dow back above 17,000. In general, Wall Street is supported by upbeat earnings from corporations ...

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