date:Jan 21, 2013
d based on the average buy of $60.68/cwt vs. the breakeven of $60.21/cwt. The CME two-day lean hog index, calculated using USDA market data, for Friday was up 0.17 cents at 84.64 cents a pound; 1.11 cents higher than last report.very good for lightweight, thin cattle. According to a couple of buyers at the auction these cattle will most likely end up on grass. Quality was average-to-attractive.
The CME feeder cattle livestock index was placed at 150.45; off 0.37 but 0.13 over last report. P