DTN Early Word Livestock Comments      09/04 06:02
   Pork Bellies Plummet Lower

   Pork cutout prices were lower Thursday, but the biggest shock of all was a
$32.13 drop in the value of pork bellies.

Robin Schmahl
DTN Contributing Analyst

   Cattle: Higher          Futures: Mixed        Live Equiv: $275.33 -$1.53*

   Hogs: Lower            Futures: Lower         Lean Equiv: $91.12 -$4.50**

   *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:

   Cattle had a great trading session on Thursday, bringing a little life back
to a dreadful market as of late. Live cattle led the way with most contracts
trading $2 to $4 higher on the day. Feeder cattle followed along with most
contracts over $6 higher.