Market News
RECENT NEWS
9 Feb 2021
DTN Early Word Livestock Comments 02/09 06:24 Strength Expected to Continue Cash cattle prices are expected to increase again this week, but it may be a bit more difficult for feedlots to hold out much longer due to escalating feed prices. Packers may hold for no more than steady prices if there is a sense of urgency to sell. Hogs remain in a solid...
8 Feb 2021
DTN Closing Livestock Comment 02/08 16:12 Livestock Contracts Close Mixed With Corn Pressuring Feeders Live cattle and lean hog futures had an great day, continuing to strengthen their positions as the markets are supported both fundamentally and technically. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: It was a good start to the week for...
8 Feb 2021
DTN Chart Technical Points 02/08 16:30 DTN FUTURES 10 2/08/21 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 655.75 645.69 649.64 655.65 631.97 54.05 54.07 54.95 46 38 30 36 CBTWT MAY 659.50 649.31 651.39 656.90 632.94 55.59 55.26 55.73 52 43 33 3...
8 Feb 2021
DTN Closing Grain Comments 02/08 14:17 Grains Surge Higher on Combination of Demand, Weather March contracts of corn, soybeans and the two winter wheats posted double-digit gains Monday, expecting lower ending stocks estimates of corn and soybeans in Tuesday's WASDE report and showing some concern of bitter cold temperatures this week throughout wi...
8 Feb 2021
DTN Midday Livestock Comments 02/08 12:13 Corn Prices Send Feeder Cattle Contracts Lower Livestock futures are mixed as live cattle and lean hog contracts enjoy ample support but feeder cattle contracts are trailing lower as corn prices keep gaining momentum. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Livestock futures are keeping to th...