Cattle: Steady/firm with Wed Futures: mixed Live Equiv $164.81 - 0.70*
Hogs: 50-$1 HR Futures: 10-30 HR Lean Equiv $ 95.39 + 0.52**
* based on formula estimating live cattle equivalent of gross packer revenue
** based on formula estimating lean hog equivalent of gross packer revenue
Besides a few sales reported in parts of Texas at $148, cash activity on Thursday was very quiet. Cattle feeders are not likely to be much busier this morning. Besides a few clean-up deals, cash business appear to be essential done for the week. Unsold steers and heifers are priced around ...