850 N 4TH AVE. * WALLA WALLA, WA  99362
Walla Walla Office (509) 525-6510
Dayton Office (509) 382-2571
St. John Office (509) 648-3316
FAX (509) 529-6050

Office Hours: 7:30am to 12:00pm and 1:00pm to 4:30pm


Phone: 800-994-4290 Wednesday, August 15, 2018
Northwest Grain Growers
My Account
Admin Login
Printable Page Market News   Return to Menu - Page 2 3 4 5 6 7 8 9 10
DTN Early Word Opening Livestock       08/14 05:48
   Lean Futures Likely to Open Mixed as Spot August Prepares to Expire

   Lean hog futures seem set to open with uneven prices as commmercials and
specs jockey between cash premiums and board discounts.

By John Harrington
DTN Livestock Analyst

Cattle: Steady-$2 LR   Futures: Mixed   Live Equiv: $138.33  +1.16*
Hogs:   $1-2 LR        Futures: Mixed   Lean Equiv: $ 76.12  - .06**

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


   It seems safe ?o say that we're in another dull and do-nothing Tuesday in
the cattle country. Look for bids and asking prices to remain poorly defined
until the second half of the week. Look for cattle futures to open on a mixed
basis thanks to a combination of long liquidation and short-covering.
DTN offers additional daily information available free through DTN Snapshot – sign up today.
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN