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DTN Closing Livestock Comment 05/07 16:12

7 May 2021
DTN Closing Livestock Comment 05/07 16:12 Mostly Higher Closes Summarize Friday's Livestock Developments Even with the corn market gaining strength Friday afternoon, both the live cattle and feeder cattle contracts managed to close moderately higher. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was another week of strong advancements i...

DTN Chart Technical Points 05/07 16:30

7 May 2021
DTN Chart Technical Points 05/07 16:30 DTN FUTURES 10 5/07/21 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 773.50 757.63 743.89 710.81 662.41 79.80 76.43 68.02 100 80 86 80 CBTWT JUL 761.75 746.56 735.94 707.58 658.28 78.23 75.71 68.79 87 64 81 ...

DTN Midday Livestock Comments 05/07 11:37

7 May 2021
DTN Midday Livestock Comments 05/07 11:37 Friday's Modest Corn Rally Allows Feeders to Rally The feeder cattle contracts aren't going to let Friday pass them by without taking advantage of the market's opportunity to rally. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: If anything, the live cattle contracts should be encouraging the feeder...

DTN Cattle Close/Trends 05/07 15:40

7 May 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/07/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 772 WEEK TO DATE: 7,881 STEERS LIVE FOB 586 119.00-119.00 119.00-119.00 119.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 68 119.00-119.00 119.00-119.00 119.00 HEIFERS LIVE DELIVERED No reportabl...

DTN Early Word Livestock Comments 05/07 06:15

7 May 2021
DTN Early Word Livestock Comments 05/07 06:15 Uncertainty to Dominate Markets Thursday's fairly quiet trade may carry over to Friday. Cattle will be looking at another day of increasing grain prices based on overnight activity. Hogs might see a somewhat uneventful day for cash. Robin Schmahl DTN Contributing Analyst Cattle: Steady Futures: Mixed Li...
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