MARKETS NEWS
DTN Early Word Opening Livestock
John Harrington DTN Livestock Analyst
Fri Oct 11, 2013 06:14 AM CDT

Cattle: Steady-$2 HR Futures: mixed Live Equiv NA*

Hogs: Steady Futures: mixed 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:

If this is Friday, it must be time to trade cattle. All the acrimony and orneriness Washington politicians can generate doesn't seem to make a timing difference in that regard. Look for opening bids around $124 in the South and $196 in the North. Asking prices will remain firm at $128-129 in the South and $200-202 in the North. ...

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