DTN Closing Livestock Comment 12/08 15:45
8 Dec 2015
DTN Closing Livestock Comment 12/08 15:45 Cattle Futures Close Lower Again Live and feeder cattle futures closed triple-digits lower again on Tuesday. Lean hog contracts were mixed. By Rick Kment DTN Analyst GENERAL COMMENTS: Some cash trade noted today in Nebraska at $188 for both steers and heifers. In Iowa a few steers sold for $187 to $189 and heifers from $186 to $188. According to the closing report, the Iowa hog base is .42 higher compared with the Prior Day settlement ($50.25-$52.75, weighted average $52.25). Corn futures closed up 1/2 cent in the March and up 1/4 cent in the July contract.