DTN Closing Livestock Comment 10/20 15:40
Cattle Contracts Close Significantly Higher
Live and feeder cattle futures closed triple-digits higher Monday, although
no contract was up the limit. Lean hog contracts were lower.
By Rick Kment
According to the closing report, the Iowa hog base closed $0.86 lower
compared with the Prior Day settlement ($89.00-$99.00, weighted average
$97.33). Corn futures closed fractionally higher, up 1/4 in the December and up
1/2 in the March through July contracts.
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