NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Sat Sep 20, 2014 04:26 PM CDT

GENERAL COMMENTS:

Light to moderate trading developed in feedlot country this afternoon with most live business in the South marked at $159.00, $2.00-$3.00 lower than last week. On the other hand, dressed deals in the North were mostly $245.00, roughly $4.00 lower than last week's weighted average basis Nebraska. According to the closing report, the Iowa hog base closed 1.00 higher compared with the Prior Day settlement ($96.00-108.00, weighted average $105.82). Corn futures closed generally $0.06 lower, pressured by aggressive selling in the bean and wheat pits. The stock market closed mostly higher, supported by Alibaba's market debut and ...

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