AG POLICY NEWS
DTN Early Word Opening Livestock
Rick Kment DTN Analyst
Fri Jun 20, 2014 06:04 AM CDT

Cattle: $1 to $2 Higher Futures: 40 to 90 Higher Live Equiv $165.19 + ___FCKpd___0.62*

Hogs: Steady to $1 Higher Futures: Steady to $1 Higher Lean Equiv $136.26 +$1.93**

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

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

GENERAL COMMENTS:

Cash business devleoped in the South Thursday which may conclude most of the business needing to be done in this area. Prices were seen genearlly $2 per cwt. There is still expected to be some additional business needing to be done Friday in the North ...

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