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23 Feb 2021
DTN Closing Livestock Comment 02/23 16:12 Lean Hogs Keep Scrapping for More Looking at Wednesday's trade and what may come, all eyes will continue to watch the lean hog market as it keeps batting home runs, seemingly unafraid of the elevated levels its trading at. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: The cattle contracts face unce...
23 Feb 2021
DTN Chart Technical Points 02/23 16:30 DTN FUTURES 10 2/23/21 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 665.75 660.75 650.03 649.35 645.37 58.40 56.41 55.51 72 69 66 46 CBTWT MAY 670.25 665.19 654.61 652.79 646.93 59.44 57.38 56.29 77 72 74 5...
23 Feb 2021
DTN Midday Livestock Comments 02/23 11:45 Lean Hogs Face Some Resistance Lean hog contracts were eager Tuesday and were fully higher in the day's early hours. But, as time progressed, there's been more push back than initially felt in the day's open. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Early Tuesday, lean hog futures were bold an...
23 Feb 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/23/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TOD...
23 Feb 2021
DTN Early Word Livestock Comments 02/23 06:24 Just Can't Push a Good Market Down Cattle futures showed little reaction to the higher placements on the Cattle on Feed report. Strong demand continues to override any bearish fundamentals. Hogs are resilient and continue the trend higher. Higher prices have yet to reach domestic consumer and export int...