NEWS
DTN Early Word Opening Livestock
Rick Kment DTN Analyst
Fri Dec 20, 2013 06:35 AM CST

Cattle: Steady to $1 lower Futures: Mixed Live Equiv $137.36 + ___FCKpd___0.17*

Hogs: Steady to $1 lower Futures: Mixed Lean Equiv $94.55 -$2.59**

* 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 trade interst increased Thursday with moderate trade seen in Kansas through the day. Prices developed at $129 to $130 per cwt, which is genearlly $1 lower than last week levels. There may be some additional clean up trade in Kansas through the day Friday. Other areas reported scatted light trade. ...

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