NEWS
DTN Closing Livestock Comments
Rick Kment DTN Analyst
Thu Oct 23, 2014 03:15 PM CDT

GENERAL COMMENTS:

According to the closing report, the Iowa hog base closed $1.22 lower compared with the Prior Day settlement ($84.00-$92.00, weighted average $91.08). Corn futures closed higher, up 6 3/4 in the December, up 6 1/2 in the March and up 6 in the May.

LIVE CATTLE:

Futures closed higher, up 100 to 127. Following extremely sluggish trade through most of the session Thursday, aggressive triple-digit gains developed before closing bell. October and December contracts both posted $1 per cwt gains, closing above $1.69 per barrel. With nearby contracts setting new record highs every time buyers step ...

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