FARM BUSINESS NEWS
DTN Early Word Opening Livestock
John Harrington DTN Livestock Analyst
Fri Jul 26, 2013 06:16 AM CDT

Cattle: Steady Futures: 10-30 HR Live Equiv $131.72 + 0.50*

Hogs: Steady-0.50 HR Futures: 10-30 HR Lean Equiv $107.63 + $1.25**

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

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

GENERAL COMMENTS:

The staggered, tentative pace of this week's cash cattle trade is certainly different than we've seen in quite some time. This promises to be the third day in a single week that buyers and sellers have actually hit the board with light to moderate trade volume. If this rather unusual trading pattern has ...

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