DTN Closing Livestock Comment 07/15 15:23
15 Jul 2016
DTN Closing Livestock Comment 07/15 15:23 Livestock Futures Close Significantly Lower Friday Live cattle futures closed triple-digits lower Friday, down 157 to 222. Feeder cattle futures were also significantly lower, down 212 to 282. Lean hog futures closed down 30 to down 167. By Rick Kment DTN Analyst GENERAL COMMENTS: According to the closing report, the Iowa/Southern Minnesota hog base is $1.29 lower compared with the Prior Day settlement ($71.00-$74.00, weighted average $75.59). Corn closed lower, down 5 1/2 cents in the September and down 6 1/2 cents in the December. For the week, September corn was down 2 3/4 cents while December was down 4 1/4.