Market News
RECENT NEWS
29 Jan 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 01/29/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,994 WEEK TO DATE: 3,428 STEERS LIVE FOB 1,607 112.00-113.00 112.00-113.00 112.98 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 44 113.00-113.00 113.00-113.00 113.00 HEIFERS LIVE DELIVERED No repor...
29 Jan 2021
DTN Early Word Livestock Comments 01/29 06:35 Traders Optimistic Over Cash Cash cattle trade has been limited so far this week. That is expected to change Friday as packers will need to either open up their checkbooks and pay higher prices or go home without. The latter is not acceptable, and feedlots know it. Cash activity should develop early. Ho...
28 Jan 2021
DTN Closing Livestock Comment 01/28 16:17 Lack of Trader Interest Leaves Livestock Contracts Closing Lower The livestock contracts closed mostly lower with traders needing to confirm that higher prices are indeed where the market intends to go. ShayLe Stewart DTN Livestock Analyst GENERAL COMMENTS: Thursday's trade wasn't anything the livestock con...
28 Jan 2021
DTN Chart Technical Points 01/28 16:30 DTN FUTURES 10 1/28/21 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 647.00 654.75 658.86 654.69 623.83 47.65 51.31 54.23 64 53 49 57 CBTWT MAY 647.50 654.63 659.42 655.29 624.91 47.51 51.34 54.40 63 52 49 5...
28 Jan 2021
DTN Closing Grain Comments 01/28 13:47 Corn Futures Score New High on China Demand, But Can't Hold; Beans and Wheat Plunge For the third consecutive day, USDA reported new corn sales to China, with Thursday's 66.9 mb sale bringing this week's total to a huge 147.1 mb. Demand remains stout, but corn and the soy complex retreated from sharp early gai...