NEWS
DTN Closing Livestock Comments
Rick Kment DTN Analyst
Wed Dec 17, 2014 03:05 PM CST

GENERAL COMMENTS:

According to the closing report, the national hog base closed $1.86 lower compared with the Prior Day settlement ($70.00-$79.00, weighted average $77.71). Corn futures closed higher, up 2 1/4 in March and July and up 2 in May.

LIVE CATTLE:

Futures closed lower, down 85 to 292. Far deferred live cattle futures closed higher, although the strong support seen near midday quickly eroded as buyer interest slowed through the end of the session. December through August live cattle futures closed sharply lower, near levels where the market opened, with December contracts holding a $2.55 per cwt ...

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