DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Wed May 27, 2015 04:20 PM CDT


Besides a few token bids (e.g., $156-$157 basis the South), feedlot country remained very quiet. Showlists were priced around $163-$164 in the South and $258-$260 in the North. According to the closing report, the Iowa hog base closed $0.77 higher compared with the Prior Day settlement ($69.00-$81.25, weighted average $79.99). With the new corn crop off to a great start, the market is having a tough time attracting new buyers. Contracts closed generally 6 cents lower with spot July just a few pennies above its contract low. U.S. stocks closed higher, recovering from Tuesday's sell-off, as encouraging ...

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