MARKETS NEWS
DTN Early Word Opening Livestock
John Harrington DTN Livestock Analyst
Fri Oct 4, 2013 06:16 AM CDT

Cattle: Steady Futures: 10-30 LR Live Equiv NA*

Hogs: Uncertain Futures: 10-30 HR Lean Equiv NA**

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

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

GENERAL COMMENTS:

Light to moderate trade volume surface in mostly areas of cattle country on Thursday. Most live sales in the South were steady with last week (i.e., $126). Dressed biz in the North seemed to have a weaker undertone with prices ranging from $198-200. Last week's weighted average in Nebraska was approximately $199.50, and our guess is that this ...

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