DTN Closing Livestock Comment 08/27 15:25
Livestock Futures Close Mixed
Live cattle futures were lower Wednesday; their feeder counterparts were
mostly lower, although Aug and Sept managed to close in the black. Lean hog
futures were higher.
By Rick Kment
No cattle trade reported Wednesday. Bids are at $151 in Kansas and $152 and
$240 in Nebraska. According to the closing report, the Iowa hog base is 1.26
lower compared with the Prior Day settlement ($84.00-$93.50, weighted average
$92.31). Corn futures closed steady to fractionally lower.
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