DTN Closing Livestock Comment 02/24 15:26
24 Feb 2016
DTN Closing Livestock Comment 02/24 15:26 Livestock Futures Close Mostly Higher Wednesday Live cattle futures closed higher Wednesday, except for the spot Feb which was slightly lower. Feeder cattle and lean hog futures were also higher. By Rick Kment DTN Analyst GENERAL COMMENTS: Cash cattle trade remains quiet with just a few scattered bids of $133 in Texas. According to the closing report, the Iowa hog base is $1.42 higher compared with the Prior Day settlement ($62.00-66.00, weighted average $64.54). Corn futures closed lower, down 2 1/4 cents in the May and down 2 1/4 cents in the December.