NEWS
DTN Early Word Opening Livestock
John Harrington DTN Livestock Analyst
Wed Nov 26, 2014 06:06 AM CST

Cattle: Steady-$2 HR Futures: 10-30 HR Live Equiv $174.93 + 0.90*

Hogs: Steady-$1 HR Futures: 10-30 LR Lean Equiv $100.99 - $1.23**

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

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

GENERAL COMMENTS:

Cattle buyers and sellers will try hard to agree on price sometime today so they can break for Thanksgiving and not worry about coming back to the arena on Friday. Asking prices will be restated around $175 in the South and $272-274 in the North. Live and feeder futures are set to ...

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