DTN Early Word Opening Livestock
John Harrington DTN Livestock Analyst
Wed Mar 20, 2013 06:17 AM CDT

Cattle: Cash Steady-$2 LR Futures mixed Live Equiv $136.43 - 0.55*

Hogs: Cash 0.50 LR Futures: 10-30 LR Lean Equiv $ 85.79 -$1.14**

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

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


When cattle futures broke hard again on Tuesday and basis opportunities became more attractive, some feedlot managers agreed to lower asking prices and sell a modest number of steers and heifers (i.e., $125 in the South, $2 lower; $124-125 in the North, $2-2.50 lower). Signs of eroding carcass value also worked ...

Quick View
  • Crop Tech Corner In this week's Crop Tech Corner, a community of Arkansas farmers have successfully banded togethe...
  • Market News AgriClear is not an auction, but an online digital sales floor where buyers and sellers negotiate...
  • UAS Research Takes Off Key members of the House and Senate last week praised the Federal Aviation Administration for sel...
  • "Total Market Isn't Dead" Used equipment inventories are escalating.
  • Rain, Rain, Go Away Waterlogged and flooded fields in much of the Midwest are putting corn and soybean fields at risk...
  • Feds to Examine Biotech Rules In a memo to USDA, FDA and EPA, the White House stated that a review of biotech regulations was n...
  • Evolution of Farm Kid Jobs DTN Staff Reporter Russ Quinn reflects on the farm activities of his youth that his children will...
  • IARC: Possible 2,4-D Cancer Link The International Agency for Research on Cancer has classified the herbicide 2,4-D as possibly ca...
  • Ask the Vet How do I know what minerals my cows need and how much?
Related News Stories
DTN Technically Speaking Blog
Technically Speaking Blog
Newsom on the Market
DTN Closing Grain Comments
DTN's Quick Takes
DTN Midday Grain Comments
DTN Midday Livestock Comments
DTN Before The Bell Grain Comments
DTN Early Word Grains
DTN Closing Grain Comments