NEWS
DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Thu Mar 26, 2015 04:22 PM CDT

GENERAL COMMENTS:

The cash cattle trade was a non-event with a few preliminary bids (i.e., $160 in the South, %258 in the North) floated way below asking prices of $165-plus in the South and $265-plus in the North. According to the closing report, the Iowa hog base closed $0.58 higher compared with the prior day settlement ($50.00-$57.25, weighted average $56.78). The corn trade closed about 3 cents lower, pressured by falling wheat prices and a stronger dollar. The stock market closed modestly lower on Thursday as equities failed to shake off the losses of the last three days and ...

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