DTN Early Word Opening Livestock
John Harrington DTN Livestock Analyst
Thu May 28, 2015 06:05 AM CDT

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. ...

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