DTN Early Word Opening Livestock
John Harrington DTN Livestock Analyst
Wed Dec 11, 2013 07:10 AM CST

Cattle: Steady, Futures mixed

Hogs: Steady, Futures mixed

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

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


The cash cattle mmarket should be slow this morning with packers offering a few prelim bids around $130 in the South, and $204-205 in the north. Asking prices should remain firm at $134 in the South, $210-212 in the north. We don't expect much trade before Thursday or Friday. Cattle futres expeced to open mixed in light volume.

The cash hog trade should open with near-steady ...

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