Monday, December 9, 2013 1:27PM CST
If you've priced replacement heifers lately, or even just added up all the costs of raising your own, you are probably feeling a renewed appreciation for those older, productive cows in the herd.
Corn futures are higher at 6 a.m. CST, soybeans higher and wheat higher.
The cattle complex should open moderately higher, supported by the premium status of recent feedlot sales and early-week short covering. Lean hog futures are also likely to begin on a firm basis thanks to bouncing carcass value and premium of the cash index.