NEWS
DTN Early Word Opening Livestock
John Harrington DTN Livestock Analyst
Fri Aug 28, 2015 06:06 AM CDT

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

GENERAL COMMENTS:

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 ...

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