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DTN Early Word Opening Livestock       03/05 06:06
   Meat Paper Set to Open with Moderate Strength

   Anticipate early session strength in the cattle complex thanks to residual
buying interest and ideas of cash stability. Along similar lines, lean hog
futures should open moderately higher with contracts girded by short covering
and ideas of seasonal strength.

By John Harrington
DTN Analyst

Cattle:  Steady-$1 HR  Futures: 10-30 HR  Live Equiv $170.42 + 0.16*
Hogs:    Steady-$1 LR  Futures: 10-30 HR  Lean Equiv $ 74.93 + 0.97**


   Cattle buying interest could slowly start to build this morning. Look for
opening bids around $157 in the South and $250-252 in the North. Yet given
asking prices of $162 in the South and $255-260 in the North, significant
business may once again be delayed until Friday. It's a good bet that
yesterday's impressive reversal infusers will help to fortify the bullish
resolve of feedlot managers. Live and feeder contracts are set to open
moderately, boosted by follow-through buying and ideas of steady/firm feedlot
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