NEWS
DTN Early Word Opening Livestock
John Harrington DTN Livestock Analyst
Fri Nov 15, 2013 06:16 AM CST

Cattle: Steady Futures: mixed Live Equiv $138.73 - 0.19*

Hogs: Steady Futures: 10-30 HR Lean Equiv $ 99.74 + $1.78**

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

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

GENERAL COMMENTS:

Cattle buying interest could slowly start to increase this morning with opening bids around $129 in the South and $203-204 in the North. Lagging way behind asking prices around $133-134 in the South and $208-209 in the North, it's certainly possible that significant trade volume will not develop until sometime Friday. As has been ...

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