DTN Closing Livestock Comment 10/24 15:26
Cattle Futures Close Lower
Live cattle futures closed mostly triple-digits lower, down 80 to 230.
Feeder cattle futures were also lower, down 175 to 232. Lean hogs were mixed,
up 152 to down 25.
By Rick Kment
From Friday to Friday livestock futures scored the following changes: Oct
LC, Up 3.20, Dec LC, Up 1.85; Oct FC, Off .55; Nov FC, Up .50; Oct LH, Off .32;
Dec LH, Up 1.32. According to the closing report, the Iowa hog base closed
$1.70 lower compared with the Prior Day settlement ($88.00-$90.47, weighted
average $89.17). Corn futures closed lower, down 6 3/4 in the December through
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