NEWS
DTN Early Word Opening Livestock
John Harrington DTN Livestock Analyst
Tue Nov 19, 2013 06:09 AM CST

Cattle: Steady-$1 HR Futures: 10-30 LR Live Equiv $138.27 + 0.11 *

Hogs: Steady-0.50 LR Futures: 10-30 LR Lean Equiv $ 100.40 + 0.71 **

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

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

GENERAL COMMENTS:

Cash traders will remain in slow motion this morning with few expecting significant trade volume to develop before Thursday and Friday. Initial asking prices are around $134 in the South and $210-plus in the North. If the board remains on the defensive through midweek, feedlot managers may eventually rethink ...

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