MARKETS NEWS
DTN Early Word Opening Livestock
John Harrington DTN Livestock Analyst
Fri Apr 4, 2014 05:50 AM CDT

Cattle: Cash Steady Futures Mixed Live Equiv $159.59 -$1.21*

Hogs: Cash Steady-$1 LR Futures 100-200 LR Lean Equiv $137.84 -$3.83**

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

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

GENERAL COMMENTS:

It's do or die time for cattle buyers today. And given the significant tension between short fed supplies and shrinking processing markets, several packers may be honestly lost in deciding which is the better option. Look for opening bids around $147-$148 in the South and $239-$240 in the North, well below asking prices of ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Racing the Clock For Brian Marshall, the clock starts the minute a new calf hits the ground. Within the first four...
  • Hay Baling Safety Important Looking at it as a sporting event, mid-July is the halftime of the hay baling season in most of t...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • Klinefelter: By the Numbers Peak prices since 2007 didn't slow megafarm consolidation. Mid-size operators may need to collabo...
  • Corn's Hidden Highways Scientists are rewriting the route to better hybrids.
  • Ask the Vet Before implanting heifers that will be bred, consult with a veterinarian to be sure fertility won...
Related News Stories
DTN Early Word Grains
Groups Want Terminal Reopened
DTN Closing Grain Comments
DTN's Quick Takes
DTN Midday Livestock Comments
DTN Midday Grain Comments
DTN Technically Speaking Blog
Technically Speaking Blog
Todd's Take
DTN Before The Bell Grain Comments