NEWS
DTN Early Word Opening Livestock
John Harrington DTN Livestock Analyst
Fri Sep 13, 2013 06:16 AM CDT

Cattle: Cash Steady Futures 10-30 HR Live Equiv $132.04 - .32*

Hogs: Cash .50-$1 HR Futures 10-30 HR Lean Equiv $104.81 - $1.06**

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

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

GENERAL COMMENTS:

Just when it looked like the cash cattle market was headed toward another Friday showdown, light to moderate business began to surface late Thursday: $123 in the South, $194 to $195 in the South. Such spending was basically fully steady with last week. We assume there are still plenty of unsold ...

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