NEWS
DTN Before The Bell--Livestock
John Harrington DTN Livestock Analyst
Mon Jul 15, 2013 09:08 AM CDT
GENERAL COMMENTS:

Feedlot country is typically quiet this morning as packers start their early week chores of collecting showlists and assessing near-term slaughter needs. We expect the new offering to be about steady with last week. Preliminary asking prices will probably be around $122 in the South and $196 in the North. Initial cash hog bids around the circuit range from 0.50 lower to $1 higher. Most packers appear to be using steady money in the opening rounds. Polling our usual Monday sources, the out-of-the-gate consensus suggests that the weekly slaughter will be somewhat smaller than last week (though probably ...

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