NEWS
DTN Closing Livestock Comments
Rick Kment DTN Analyst
Wed Oct 22, 2014 03:20 PM CDT

GENERAL COMMENTS:

According to the closing report, the Iowa hog base closed $3.34 lower compared with the Prior Day settlement ($83.00-$94.50, weighted average $92.32). Corn futures closed lower, down 3 in the December and down 2 1/2 in the March and May.

LIVE CATTLE:

Futures closed higher, up 35 to 157. Strong gains developed through the live cattle complex Wednesday on expectations that cash cattle trade may see some late-week support. The strong surge in front-month live cattle futures pushed to new record highs once again, closing $1.50 per cwt higher at $168.05 per cwt. Although strong gains ...

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