AG POLICY NEWS
DTN Early Word Opening Livestock
Rick Kment DTN Analyst
Thu Dec 19, 2013 06:28 AM CST

Cattle: Cash Steady Futures Mixed Live Equiv $137.19 - ___FCKpd___0.35*

Hogs: Cash Steady-$1 LR Futures Mixed Lean Equiv $ 97.14 -$1.98**

* based on formula estimating live cattle equivalent of gross packer revenue

** based on formula estimating lean hog equivalent of gross packer revenue

GENERAL COMMENTS:

Activity in cash cattle markets remained typically light through Wednedsay with all indications that active trade may be pushed off until the end of the week. Given the recent pressure in live cattle futures, feeders may become even more defensive, although for now it does not seem to be enough for many to ...

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