DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Mon Sep 29, 2014 04:26 PM CDT


Activity in cattle feeding country was limited to the distribution of new showlists. The offering of ready steers and heifers appears to be generally larger with only Texas showing more cattle. Preliminary asking prices are around $161-$162 in the South and $250 to $252-plus in the North. According to the closing report, the Iowa hog base 0.46 lower compared with the Prior Day settlement ($100.00-$109.00, weighted average $108.44). The corn market bounced 2-3 cents higher, supported by short covering and early week strength in the bean pit. U.S. stocks closed down on Monday despite encouraging economic data ...

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