DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Dec 18, 2014 04:16 PM CST


The cash cattle trade was limited to scattered sales in parts of Nebraska (i.e., $250 dressed; $158 live) and Kansas ($157). Asking prices seemed to firm once futures started to trend higher. According to the closing report, the national hog base closed $1.58 lower compared with the Prior Day settlement ($75.75-$77.50, weighted average $76.05). Corn futures finished 2-3 cents higher, supported by aggressive buying in the wheat pit. U.S. stocks rallied on Thursday with the Dow climbing more than 400 points for the first time in three years. The Dow closed 421 points higher with the Nasdaq ...

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