DTN Closing Livestock Comment 07/13 15:17
13 Jul 2016
DTN Closing Livestock Comment 07/13 15:17 Livestock Futures Close Mostly Higher Wednesday Live cattle futures closed triple-digits higher in the four nearest contract months, with the full range of contracts 75 to 255 higher. Feeder cattle contracts closed up 30 to 110. Lean hog futures were mixed, up 35 to down 20. By Rick Kment DTN Analyst GENERAL COMMENTS: According to the closing report, the Iowa/Southern Minnesota hog base is $0.39 lower compared with the Prior Day settlement ($68.00-$76.00, weighted average $75.66). Corn futures closed higher, up 9 3/4 cents in the September and up 9 1/2 cents in the December.