MARKETS NEWS
DTN Early Word Opening Livestock
John Harrington DTN Livestock Analyst
Fri Nov 8, 2013 06:27 AM CST

Cattle: Cash Steady-$1 LR Futures Mixed Live Equiv $139.68 - .04*

Hogs: Cash Steady Futures 10-30 HR Lean Equiv $101.61 + .48**

* 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 business surfaced in parts of cattle feeding country Thursday with the best test evident in Kansas and Texas. Most live deals were marked at $131, generally $1 lower than last week basis the South. Most showlists in the North remain intact and priced around $208 to $210 on a ...

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