NEWS
DTN Early Word Opening Livestock
John Harrington DTN Livestock Analyst
Wed Mar 6, 2013 06:19 AM CST

Cattle: Cash Steady-$2 HR Futures: mixed Live Equiv $135.40 +$1.98*

Hogs: Cash Steady-0.50 LR Futures: 10-30 LR Lean Equiv $ 87.26 -$1.79**

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

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

GENERAL COMMENTS:

While we could start to see a few hints of cattle-buying interest this morning, serious packer procurement efforts will probably be delayed until Thursday or Friday. Asking prices remain firm at $130-plus in the South and $207-plus in the North. The cattle complex at the CME is likely to open on a ...

Quick View
Related News Stories
DTN Closing Grain Comments
DTN's Quick Takes
Newsom on the Market
New CME Livestock Hours to Start
DTN Midday Livestock Comments
DTN Midday Grain Comments
DTN Before The Bell Grain Comments
DTN Early Word Grains
Harvest Revenue Insurance Prices
DTN Closing Grain Comments