Cattle: Cash Steady Futures 10-30 HR Live Equiv $163.34 -___FCKpd___0.05*
Hogs: Cash Steady$1 LR Futures 10-30 LR Lean Equiv $89.58 -$1.14**
* based on formula estimating live cattle equivalent of gross packer revenue
** based on formula estimating lean hog equivalent of gross packer revenue
Delayed cash cattle business will have to surface sometime today, probably between late morning and early afternoon. Opening bids should start out around $226 to $228 in the North and $143 to $144 in the South, way below asking prices of $236 in the North and $150 in the North. Live and feeder ...