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Centralia MFA Agri Services 202 N Jefferson Centralia, MO 65240. 573-682-2157 - Locations in Centralia, Clark, Columbia, Cedar Creek, Moberly and Fulton.

 
 

 
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DTN Closing Livestock Comment 11/14 16:35
   Livestock Futures Close Mixed at Midweek

   Trading meat futures Wednesday was right there with watching paint dry and
clipping toenails: Not much meaningful was accomplished. Contracts settled
mixed and were certainly not very suggestive of price trends for Thursday and
Friday.

By John Harrington
DTN Livestock Analyst



   GENERAL COMMENTS:

   Feedlot bids at midweek were no more than token with a few scattered
attempts at $175-$176 dressed in the North and $109 live in the South. Asking
prices were poorly defined. According to the closing report, the national hog
base is $0.18 lower compared with the Prior Day settlement ($46-$52.44,
weighted average $52.61). The corn market settled fractionally mixed in light
volume. Equities continued to struggle Wednesday with the Dow off 205 points
and the Nasdaq down by 64.
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