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12 Nov 2020
DTN Closing Livestock Comment 11/12 16:10 Feedlots Take the Reins of the Cash Cattle Market Thursday's trade wasn't overly eventful until the day's cash cattle market jumped significantly higher. ShayLe Stewart DTN Livestock Analyst Thursday's futures market traded in a lackluster fashion, but the market that caught the most attention is this week'...
12 Nov 2020
DTN Chart Technical Points 11/12 16:30 DTN FUTURES 10 11/12/20 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 DEC 588.25 598.06 602.78 610.50 588.76 36.56 43.47 51.34 21 23 21 32 CBTWT MAR 597.25 606.25 608.33 613.40 593.30 39.54 45.77 52.58 26 32 32 ...
12 Nov 2020
DTN Midday Livestock Comments 11/12 12:07 The Lean Hog Complex Finally Draws Some Support The week has largely favored the cattle contracts but as Thursday enters into the afternoon, the lean hog market is taking the day's attention. ShayLe Stewart DTN Livestock Analyst General Comments The live cattle market is trading mostly lower as traders are ...
12 Nov 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/12/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 984 WEEK TO DATE: 1,117 STEERS LIVE FOB 513 110.00-110.00 110.00-110.00 110.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 115 110.00-110.00 110.00-110.00 110.00 HEIFERS LIVE DELIVERED No reportab...
12 Nov 2020
DTN Early Word Livestock Comments 11/12 06:36 Underlying Beef Market Momentum Building Live cattle futures have continued to show increased underlying support during the week. Nearby contracts are testing October highs, which would likely spark follow-through buyer support over the next few trading sessions.