NEWS
DTN Early Word Opening Livestock
John Harrington DTN Livestock Analyst
Tue Sep 17, 2013 06:27 AM CDT

Cattle: Steady Futures: 10-30 LR Live Equiv $131.33 + 0.07*

Hogs: Steady-0.50 HR Futures: 10-30 LR Lean Equiv $104.78 - $1.45**

* 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 remain grounded with bids and asking prices poorly defined. Early suggestions of asking prices are around $125 in the South and $196-198 in the North. It would be surprising to see significant trade volume develop before Thursday or Friday. Cattle futures seem ready to open moderately lower, limited ...

Quick View
Related News Stories
Growth Energy to Support TPA
DTN Midday Livestock Comments
DTN Closing Grain Comments
Second Shot at Better Corn Prices?
DTN's Quick Takes
DTN Midday Grain Comments
Guest Editorial
DTN Before The Bell Grain Comments
Newsom on the Market
USDA Reports Corn, Milo Sales