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25 Feb 2021
DTN Closing Livestock Comment 02/25 16:16 Thursday's Export Report Sends Live Cattle and Lean Hogs Mostly Lower It was as mixed day for the livestock sector as demand for lean hogs tries to push the market up, but both the lean hog and live cattle contracts closed mostly lower Thursday. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: After s...
25 Feb 2021
DTN Chart Technical Points 02/25 16:30 DTN FUTURES 10 2/25/21 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 MAR 671.75 670.44 659.25 651.68 648.37 58.82 57.16 56.08 82 81 79 65 CBTWT MAY 675.75 675.31 663.64 655.64 650.09 59.12 57.70 56.68 83 84 85 7...
25 Feb 2021
DTN Midday Livestock Comments 02/25 11:39 Lighter Exports Send Lean Hogs Lower While the live cattle and lean hog futures dip lower, the feeder cattle contracts are soaking up all the market's support while corn prices trend modestly lower. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Feeder cattle futures are rallying while the corn mark...
25 Feb 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/25/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 561 WEEK TO DATE: 2,482 STEERS LIVE FOB 238 114.00-114.00 114.00-114.00 114.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA C...
25 Feb 2021
DTN Early Word Livestock Comments 02/25 06:12 Follow-through Buying Expected Strong futures buying permeated throughout the whole livestock complex Wednesday, but it is unlikely this will continue Thursday. Cattle may be unable to hold gains. Hogs are a different story and packers show no sign of stepping back.