FARM BUSINESS NEWS
DTN Early Word Opening Livestock
John Harrington DTN Livestock Analyst
Tue Mar 18, 2014 05:51 AM CDT

Cattle: Steady to $2 HR Futures: mixed Live Equiv $166.93 + 0.73*

Hogs: $1-2 HR Futures: 50-100 HR Lean Equiv $135.22 + $2.13**

* 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 feedlot trade should remain in slow motion this morning with both bids and asking prices remaining poorly defined. We've heard a few suggested asking prices around $151-plus in the South and $245-plus in the North. Significant trade volume could easily be delayed until Thursday or Friday. Live and feeder futures ...

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