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DTN Early Word Opening Livestock       10/23 05:50
   Meat Futures Set for Firmer Undertone

   Look for a stronger opening thanks to residual buying tied to spillover
bullishness from cattle and hogs.

By John Harrington
DTN Livestock Analyst

Cattle: Steady-$2 HR   Futures: 10-30 HR   Live Equiv: $137.95  +1.37*
Hogs:   Steady-$1 LR   Futures: Mixed      Lean Equiv: $ 83.40  - .03*

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


   The cattle trade will not be tested Tuesday with bids and asking prices not
well defined.
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