MARKETS NEWS
DTN Early Word Opening Livestock
John Harrington DTN Livestock Analyst
Wed Jan 15, 2014 06:10 AM CST

Cattle: Steady-$2 HR Futures: 10-30 HR Live Equiv $153.50 + $2.75*

Hogs: Steady-0.50 HR Futures: 10-30 HR Lean Equiv $ 93.59 + $2.73**

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

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

GENERAL COMMENTS:

We could start to see a few preliminary bids this morning in parts of cattle feeding country (e.g., $135-136 in the South, $220 in the North). On the other hand, out-of-breath buyers may believe that it's dangerous to show further appetite sooner than absolutely necessary. Given firm asking prices of $141-42 ...

Quick View
  • Dr. Dan Talks Agronomy DTN Contributing Agronomist Dan Davidson gives his take on the Six Secrets of Soybean Success pro...
  • Mountain Top Prices North Carolina's mountain cattle producers have always been an independent bunch. But a new allia...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Senior Partners - 4 Except for family sales, seller financing virtually vanished after the farm crisis of the 1980s w...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Saving Our Forgotten Harvest About 40% of America's food goes uneaten each year. This nonprofit is working to remedy that prob...
  • Look Beyond Yield Soybean industry increases efforts to promote the importance of oil and protein content to farmer...
  • Ask the Vet Is this fly-control mineral block safe for my whole herd?
Related News Stories
DTN Closing Grain Comments
DTN's Quick Takes
DTN Midday Livestock Comments
DTN Midday Grain Comments
Gulke: Showdown Time
DTN Before The Bell Grain Comments
DTN Early Word Grains
DTN Technically Speaking Blog
Technically Speaking Blog
Technically Speaking Blog