DTN Early Word Opening Livestock
John Harrington DTN Livestock Analyst
Tue Apr 28, 2015 05:59 AM CDT

Cattle: Steady Futures: mixed Live Equiv $173.37 + 0.06*

Hogs: 0.50-$1 HR Futures: mixed Lean Equiv $ 75.75 + 0.92**

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

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


No one expects the cash cattle trade to be tested as early as today. Neither bids nor asking prices will be significantly defined until the second half of the week. A few feedlot managers have priced show lists around $161 in the South and $263-plus in the North. Live and feeder futures are staged ...

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