DTN Early Word Livestock Comments      10/15 06:12
   Cash Cattle Still Quiet

   Cattle markets continue their choppy trade while the cash market is at a
standstill. Hogs continue to face pressure as we head into the end of the week.

Robin Schmahl
DTN Contributing Analyst

   Cattle: Higher         Futures: Higher    Live Equiv: $276.96 +$1.68*

   Hogs: Lower            Futures: Lower     Lean Equiv: $86.37 -$1.23**

   *Based on the formula estimating live cattle equivalent of gross packer
revenue. (The Live Cattle Equiv. The index has been updated to depict recent
changes in live cattle weights and grading percentages.)

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

GENERAL COMMENTS:

   Live cattle fell 67.5 cents Wednesday on the October contract and $1.225
lower on the November. Cash trade did not amount to much, only one load at $226
in the South. Everyone seems to be holding out for the end of the week. Feeder
cattle futures also fell Wednesday, trading $2.125 to $2.575 lower. Beef cutout
prices were higher Wednesday afternoon. Choice increased $1.35 while select
increased $4.80.