DTN Morning Comments on Livestock

Lean Hog Futures Expected to Open with Firm Undertone

The lean hog pit should start moderately higher, supported by recovering carcass value and the premium of the cash index. The cattle complex seem set to open on a mixed basis thanks to short covering and beef demand worries.
By John Harrington DTN Livestock Analyst
Cattle: Steady Futures: mixed Live Equiv $132.23 – 0.34* Hogs: Steady Futures: 10-30 HR Lean Equiv $107.74 + 0.73** * based on formula estimating live cattle equivalent of gross packer revenue ** based on formula estimating lean hog equivalent of gross packer revenue

Read More
http://sweetfutures.com/2013/dtn-morning-comments-on-livestock-live-cattle-feeder-cattle-and-lean-hogs-2/

The risk of trading futures and options can be substantial. Trading foreign exchange carries a high degree of risk, and may not be suitable for all investors. All information, publications, and reports, including this specific material, used and distributed by Sweet Futures 1, LLC shall be construed as a solicitation. Sweet Futures 1 does not distribute research reports, employ research analysts, or maintain a research department as defined in CFTC Regulation 1.71. This website contains information obtained from sources believed to be reliable, but its accuracy is not guaranteed by Sweet Futures 1. Past performance is not necessarily indicative of future results.