NEWS
DTN Early Word Opening Livestock
John Harrington DTN Livestock Analyst
Tue Dec 11, 2012 06:21 AM CST

Cattle: Cash Steady-$1 LR Futures: 25-50 LR Live Equiv $129.94 + 0.54*

Hogs: Cash Steady Futures: mixed Lean Equiv $ 91.95 - 0.59**

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

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

GENERAL COMMENTS:

The cash cattle trade should be typically slow this morning with bids and asking prices poorly defined. New showlists are generally steady with last week with increases in Texas and decreases in Kansas canceling each other out in the big picture. A few showlists have been priced around $126 in the ...

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