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22 Feb 2021
DTN Closing Livestock Comment 02/22 16:17 Lean Hogs and Feeder Cattle Grab for More It was a stellar day for the lean hog and feeder cattle contracts as the markets jumped to Monday's opportunity and didn't squander the chance to add to the market's position. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a great day for both the lea...
22 Feb 2021
DTN Chart Technical Points 02/22 16:30 DTN FUTURES 10 2/22/21 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 664.00 655.31 648.22 648.93 643.88 57.60 55.87 55.32 73 71 59 38 CBTWT MAY 669.75 659.63 652.81 652.10 645.36 59.21 57.22 56.29 77 72 66 4...
22 Feb 2021
DTN Midday Livestock Comments 02/22 11:41 Hogs Carry Momentum Into New Week While the lean hog contracts successfully continue to raise the bar higher and higher, the live cattle market isn't sure of its immediate future. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Following last week's chaos from packing plants being shut down, cattle u...
22 Feb 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/22/21 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...
22 Feb 2021
DTN Early Word Livestock Comments 02/22 06:32 Markets Vulnerable to Selling The Cattle on Feed report was mostly neutral with the exception of placements. This is not expected to have much influence on closer contracts but may have an impact on later contracts. Packers are expected to need beef to make up for lost time in those areas where the wint...