Cattle: Cash Steady Futures Mixed Live Equiv $136.36 - .06*
Hogs: Cash Steady Futures 10-30 HR Lean Equiv $117.75 + .45**
* based on formula estimating live cattle equivalent of gross packer revenue
** based on formula estimating lean hog equivalent of gross packer revenue
With the last meat-friendly holiday of the summer now just days away, beef and pork producers are hoping that consumers will go extra heavy on the charcoal and lighter fluid in order to give demand one final push before the seasonal heat and humidity of July start to limit product movement. But while ...