Cattle: Steady-$1 LR Futures: 10-30 HR Live Equiv $175.25 + 0.11*
Hogs: Steady-$1 HR Futures: 10-30 HR Lean Equiv ___FCKpd___0nbsp; 92.12 + 0.61**
* based on formula estimating live cattle equivalent of gross packer revenue
** based on formula estimating lean hog equivalent of gross packer revenue
Cattle buyers should start to show a little interest this morning. Look for opening bids around $157 in the South and $250 in the North. Yet if asking prices remain steeled near $163-164 in the South and $258-260 in the North, significant trade volume could be once again delayed until Friday. ...