NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Jul 30, 2015 03:57 PM CDT

GENERAL COMMENTS:

Packer inquiry through feedlot country was generally light. While bids were generally widespread, none came close to tempting sellers to pull triggers. Most asking prices were noted around $148 in the South and $236-plus in the North. According to the closing report, the national hog base is $0.73 lower compared with the Prior Day settlement ($65.00-$76.75, weighted average $74.53). Corn futures closed a nickel-plus higher Thursday, boosted by short covering and commercial buying. The stock market closed narrowly mixed as investors digested more earnings and second-quarter GDP (i.e., up 2.3 percent). The Dow closed 5 points lower ...

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