Cattle: Cash Steady Futures 10-30 HR Live Equiv $134.56 - .25*
Hogs: Cash .50-$1 LR Futures Mixed Lean Equiv $108.44 + .86**
* based on formula estimating live cattle equivalent of gross packer revenue
** based on formula estimating lean hog equivalent of gross packer revenue
Light to moderate trading developed in some parts of cattle feeding country late Friday. The best test of negotiated cash was evident in parts of Nebraska and Iowa with dressed deals ranging from $197 to $198, steady to $1 lower than last week. Some live business was conducted in parts of Texas ...