DTN Closing Livestock Comment 11/01 15:16
1 Nov 2016
DTN Closing Livestock Comment 11/01 15:16 Cattle Futures Close Significantly Higher Live cattle futures closed up 122 to 232. Feeder cattle contracts were up 392 to 440. Lean hog futures were lower, down 95 to 192. By Rick Kment DTN Analyst GENERAL COMMENTS: Cash cattle trade remains quiet Tuesday afternoon. Some asking prices have started at $108 or better in the South. According to the closing report, the national hog base is $0.28 higher compared with the Prior Day settlement ($42.00-$45.50, weighted average $44.37). Corn futures closed lower, down 5 3/4 in the December contract and down 5 in the March.