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DTN Early Word Livestock Comments      10/13 06:08
   Beef and Pork Cutout Values Higher

   Beef cutout values and the Feeder Cattle Index saw gains, while live cattle
futures were mixed, and hog futures bounced Monday as higher pork cutout prices
offered hope for market support.

Robin Schmahl
DTN Contributing Analyst

   Cattle: Steady          Futures: Higher      Live Equiv: $275.58 +$1.06*

   Hogs: Steady            Futures: Lower     Lean Equiv: $89.89 +$2.47**

   *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:

   Beef cutout values saw a $2.21 jump for choice to start off the week, while
select fell 17 cents. The Feeder Cattle Index also saw $1.55 gain at $338.62.
Live cattle futures saw some small gains in the deferred contracts Monday while
the nearby contracts were 0.225 to 0.45 cents lower.
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