7 May 2024
DTN Early Word Livestock Comments 05/07 06:15 Strong Product Values May Support Futures Live cattle futures had minimal losses in contracts Monday, other than the front-month June. Feeder cattle were under more pressure with triple-digit losses. Hog futures could not find sufficient buying interest to move futures to positive territory. The June co...
7 May 2024
DTN Early Word Grains 05/07 05:52 Grain Markets Lower Tuesday Morning, Primarily on Good Rains in the HRW Wheat Belt July corn is down 1 3/4 cents per bushel, July soybeans are down 6 1/2 cents, July KC wheat is down 11 1/4 cents, July Chicago wheat is down 6 cents and July Minneapolis wheat is down 4 3/4 cents. Kent Beadle, DTN Contributing Analys...
7 May 2024
OMAHA (DTN) -- While trying to point to alternative data options, USDA continues to draw complaints from industry and members of Congress for canceling a few key market reports for this year. The National Agricultural Statistics Association (NASS) -- pointing to congressional budget cuts -- announced last month that it would cancel the July Cattle ...
6 May 2024
DTN Closing Livestock Comment 05/06 15:59 Boxed Beef Prices Close Higher; Livestock Contracts Close Lower The livestock complex rounded out the day Monday on a weaker note. However, seeing boxed beef prices close higher left cattlemen with the hope beef demand is improving. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The livestock comple...
6 May 2024
DTN Chart Technical Points 05/06 16:30 DTN FUTURES 10 5/06/24 SLOW STOCHASTIC PRICES ARE DECIMAL MOVING AVERAGES RSI'S 5 Day 20 Day CONTRACT CLOSE 4-Day 9-Day 18-Day 45-Day 9Day 14Day 30Day %K %D %K %D CBTWT MAY 632.25 601.56 597.94 576.11 559.86 77.95 72.19 61.55 76 44 76 73 CBTWT JUL 648.75 618.69 615.81 592.99 574.93 77.49 72.21 62.24 70 43 75 7...