NEWS
DTN Early Word Opening Livestock
John Harrington DTN Livestock Analyst
Thu Mar 5, 2015 06:06 AM CST

Cattle: Steady-$1 HR Futures: 10-30 HR Live Equiv $170.42 + 0.16*

Hogs: Steady-$1 LR Futures: 10-30 HR Lean Equiv $ 74.93 + 0.97**


* 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 buying interest could slowly start to build this morning. Look for opening bids around $157 in the South and $250-252 in the North. Yet given asking prices of $162 in the South and $255-260 in the North, significant business may once again be delayed until Friday. It's a good bet ...

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