NEWS
DTN Early Word Opening Livestock
John Harrington DTN Livestock Analyst
Tue Sep 2, 2014 06:00 AM CDT

Cattle: Steady-$2 HR Futures: 10-30 HR Live Equiv $168.88 - 0.33*

Hogs: Steady-$1 HR Futures: 10-30 HR Lean Equiv $110.17 + 0.92**

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

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

GENERAL COMMENTS:

Sensing that August ended on a better note than it began, cattle feeders will not hesitate to price showlists higher this morning, probably around $158-159 in the South and $248-250 in the North. But with beef cut-outs still sliding lower the last time they looked, packers will no doubt swallow hard in ...

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