DTN Early Word Opening Livestock
John Harrington DTN Livestock Analyst
Tue Feb 11, 2014 06:16 AM CST

Cattle: Steady to $2 LR Futures: mixed Live Equiv $147.27 + 0.21*

Hogs: 0.50-$1 HR Futures: mixed Lean Equiv $100.77 + 0.72**

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

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


Chances are the cash cattle market will remain in low gear today with significant trade volume not likely to surface until Wednesday or Thursday (at the earlier). Yet packers appear to be quite short-bought. Not only was last week's "buy" limited, yesterday's kill of no more than 92,000 head seemed to suggest ...

Quick View
Related News Stories
DTN's Quick Takes
Gulke: Who's Gonna Blink First?
DTN Before The Bell Grain Comments
DTN Early Word Grains
DTN Technically Speaking Blog
Technically Speaking Blog
DTN Closing Grain Comments
DTN Midday Livestock Comments
DTN Midday Grain Comments
DTN Before The Bell Grain Comments