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DTN Early Word Opening Livestock       10/15 05:52
   Cattle Paper Staged to Open Mixed

   Live and feeder futures seemed geared to open on a mixed basis thanks to
residual selling and early-week short-covering. Lean hogs should also begin
with mixed price action with nearbys gaining on deferreds.

By John Harrington
DTN Livestock Analyst



Cattle: Steady         Futures: Mixed   Live Equiv: $135.75  + .08*
Hogs:   Steady-$1 HR   Futures: Mixed   Lean Equiv: $ 85.07  +1.45**

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

GENERAL COMMENTS:

   Feedlot country should start out Monday morning with the typical assortment
of new showlists. Our guess is that ready numbers will be found to be about
steady with last week. Early asking prices are likely to be around $112 to $114
in the South and $175 plus in the North. Live and feeder futures seem likely to
open on a mixed basis thanks to follow-though selling and early-week
short-covering.
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