Weather Quotes Headline News Market News Livestock DTN Ag Headlines Portfolio Sports Options Hay & Feed News AgBizDir.com
 First National Bank in Ord
  Home  
  Ord Community Calendar  
  Sargent Community Calendar  
  Greeley Community Calendar  
  RATES AND FORMS  
  ONLINE BANKING/BILL PAYMENT  
  Contact Us/Bank Hours  
  Links  
  HEARTBLEED ALERT  
  FDIC Insurance  
  PRIVACY Notice  
  IDENTITY THEFT  
  Terms Of Use  
  ATM Safety  
  SAFE ONLINE BANKING  
  First National Bank's 50 Year Bankers  
 
 
Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
 
 
DTN Closing Livestock Comment 07/29 16:04
   Lean Hog Futures Collapse Further

   Lean hog contacts once again closed sharply lower, pressured by eroding cash
bears and fears of greater pork production through the last third of the year.
The cattle pits finished mostly higher with feeder futures displaying the most
bullish energy.

By John Harrington
DTN Livestock Analyst



GENERAL COMMENTS:

   The cash cattle trade was completely dead Tuesday with neither bids nor
asking prices well defined. Some producers suggested asking prices around
$168-$170 in the South and $265-$270 in the North. According to the closing
report, the Iowa hog base is 0.34 lower compared with the Prior Day settlement
($115.00-$124.00, weighted average $122.04). Most corn futures settled 5-6
cents lower with resumed selling tied to decent crop ratings and the general
lack of a weather threat. U.S. stocks declined on Tuesday, pulling the Dow
under 17,000, as the U.S. and EU joined in expanding sanctions against Russia.
The Dow closed 70 points lower with the Nasdaq off 2.
Get your local Cash Bids emailed to you each morning from DTN – click here to sign up for DTN Snapshot.
 
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN